$ALIGN Token Launches as Aligned Simplifies Ethereum Development
Aligned, a full-stack Ethereum infrastructure project, has launched its native token $ALIGN. The company aims to make it easy for fintechs and institutions to build financial products on Ethereum by providing one-click solutions for wallets, rollups, interoperability, and zero-knowledge services.
The Aligned stack is being built in collaboration with LambdaClass, a key contributor to the Ethereum ecosystem. Currently, less than 1% of the world's assets are onchain, but most of what has moved onto Ethereum is in the form of stablecoins, tokenized treasuries, and wrapped assets.
The $ALIGN token will be used to pay for services across the Aligned stack, including its Proof Aggregation Service, Wallet-as-a-Service, and Rollup-as-a-Service. The token has a fixed supply of 10 billion, with about 16% circulating at launch.