$ALIGN Token Launches: A Step Towards Ethereum Financial Backend
Aligned, a full-stack Ethereum infrastructure project, has launched $ALIGN as its native token. The launch comes after months of development and collaboration with key contributors to the Ethereum ecosystem.
The mission of Aligned is ambitious: to turn Ethereum into the world's financial backend by providing a single integration point for fintechs, institutions, and enterprises to build financial products on Ethereum.
Currently, less than 1% of the world's assets are on-chain, with most being stablecoins, tokenized treasuries, and wrapped assets. However, building on top of them remains difficult due to a lack of standardization.
The Aligned team has built an integrated stack that brings together wallets, rollups, interoperability, and zero-knowledge services. This will enable developers to access everything they need to build financial products on Ethereum through one stack.