$ALIGN Token Launches on Major Exchanges as Aligned Layer Pursues Ethereum Dominance

Aligned Layer has launched its native token, $ALIGN, on major exchanges after gaining traction as a full-stack Ethereum infrastructure project. The token is part of Aligned's ecosystem, which allows fintechs and institutions to build financial products on Ethereum with one-click solutions for wallets, rollups, interoperability, and zero-knowledge services.

The team behind Aligned aims to turn Ethereum into the world's financial backend by providing a single integration point for various services. Currently, less than 1% of the world's assets are stored on-chain, with most sitting on Ethereum as stablecoins or wrapped assets.

$ALIGN has a fixed supply of 10 billion tokens and will be used to pay for services across Aligned's stack. The tokenomics are laid out in detail, including the allocation and Genesis airdrop that was distributed to various groups, such as developers, researchers, and holders of ecosystem tokens.