$ALIGN Token Launched as Part of Aligned's Full-Stack Ethereum Ecosystem

Aligned, a full-stack Ethereum infrastructure project, has launched $ALIGN, its native token for its ecosystem. The launch marks an important milestone in Aligned's mission to turn Ethereum into the world's financial backend.

The company aims to simplify building financial products on Ethereum by providing one-click solutions for wallets, rollups, interoperability, and zero-knowledge services. Currently, most assets on Ethereum exist as stablecoins, tokenized treasuries, or wrapped assets, but building on top of them is still a complex process.

Aligned's solution is built in collaboration with LambdaClass, which has made key contributions to the Ethereum ecosystem, including work on Starknet, zkSync, Polygon Miden, and EigenCloud. The company's stack includes a Proof Aggregation Service, live on mainnet alpha, and Wallet-as-a-Service, already launched.

$ALIGN is a utility token with a fixed supply of 10 billion tokens, about 16% of which are circulating at launch. It will be used to pay for services across the Aligned stack, from Proof Aggregation to Wallet-as-a-Service. The company plans to ship remaining pieces of the stack and grow the number of products built on it.