$ALIGN Token Launched for Aligned Layer's Full Ethereum Stack
Aligned Layer has launched its native token, $ALIGN, which will be used to pay for services across its full Ethereum stack. The token is built on Ethereum as an ERC-20 and has a fixed supply of 10 billion tokens, with approximately 16% circulating at launch.
Aligned's goal is to make building financial products on Ethereum easier by providing one-click solutions for wallets, rollups, interoperability, and zero-knowledge services. The company is working in collaboration with LambdaClass to build a full-stack Ethereum infrastructure project.
The stack currently includes the Proof Aggregation Service, which is live on mainnet alpha, as well as Wallet-as-a-Service, which has already launched in MVP form. Rollup-as-a-Service, the LambdaVM, and the interoperability protocol are still in development.