$ALIGN Token Launches to Simplify Financial Product Development on Ethereum
Aligned, an ambitious Ethereum infrastructure project, has launched $ALIGN as its native token. The token is now live on major exchanges and will be used to pay for services across Aligned's stack, which includes wallets, rollups, interoperability, and zero-knowledge services.
The goal of Aligned is to make it easier for fintechs, institutions, and enterprises to build financial products on Ethereum. Currently, less than 1% of the world's assets are onchain, with most being stablecoins, tokenized treasuries, or wrapped assets. However, building on top of these assets remains a complex process.
Aligned aims to fix this by integrating various components into a single stack, making it easier for developers to build financial products on Ethereum. The project has already launched its Proof Aggregation Service and Wallet-as-a-Service, with Rollup-as-a-Service and the interoperability protocol still in development.