The evidence provided by the primary sources overwhelmingly and consistently supports the statement. All sources that address the topic confirm that Terminal Finance ceased operations. A clear majority of these sources (seven out of eight) explicitly link this shutdown to problems with the Converge Chain. The phrasing varies slightly, with sources mentioning the chain "not having launched," having "failed to launch," or experiencing "delays," but all these descriptions are synonymous with the statement's claim of an "unsuccessful launch." The information is corroborated across multiple, independent crypto news platforms, including Ainvest, Bitget News, and ChainCatcher. There are no contradictions in the evidence; the single source that does not mention the Converge Chain simply confirms the shutdown without providing a reason, which does not negate the cause cited by all other relevant sources. The high degree of consistency across numerous sources with moderate to high authority provides a strong basis for concluding the statement is true.