Articles from Aleo

For years, the promise of using stablecoins for business has been blocked by one fundamental flaw: a total lack of privacy. Every transaction on a public blockchain is visible to anyone, making them a non-starter for sensitive operations like payroll. Today, that changes.

The Aleo Network Foundation, the nonprofit corporation that oversees the health of the Aleo Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced the appointment of Yaya J. Fanusie as Global Head of Policy. Following recent global partnerships with Paxos Labs, Global Dollar Network, Binance Alpha, Revolut, Worldpay and Request Finance, Fanusie will bolster the Foundation's efforts to work with policy stakeholders to ensure Aleo and other blockchains continue to develop and deliver privacy-preserving, compliant payments at scale.

The Aleo Network Foundation, the non-profit corporation responsible for overseeing and supporting the health of the Aleo Network (Aleo), a privacy-first infrastructure to power secure, programmable, worldwide payments, today announced their inclusion in Global Dollar Network (GDN). GDN is the world’s fastest growing stablecoin network with unmatched economic upside that is powered by the USDG stablecoin. USDG is available on Solana, Ink and Ethereum. Members of the network include Robinhood, Worldpay, Kraken, Aleo, Anchorage Digital, Paxos and more.

The Aleo Network Foundation, the non-profit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced a partnership with Revolut, a global fintech firm with more than 60 million customers worldwide, to list the ALEO token on Revolut’s app.

Provable, the company expanding the infrastructure behind Aleo to help developers build privacy-first technology to power secure, programmable payments, today announced the appointment of Damien G. Scott as General Counsel.

The Aleo Network Foundation (Aleo), the leading platform for building private, secure, scalable, and programmable Web3 applications, today announced the appointment of BJ Mahal as Head of Partnerships.

The Aleo Network Foundation (Aleo), the leading platform for building private, secure, scalable, and programmable Web3 applications, today announced the appointment of Josh Hawkins as Executive Vice President of Strategy, Policy & Communications.

Aleo, a leading platform for building private blockchain-based applications, has raised $200M in a Series B funding round led by Kora Management LP and SoftBank Vision Fund 2, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next, and Andreessen Horowitz (a16z), culminating in a valuation of the company at $1.45 billion. Following the company’s $28 million Series A, which was led by a16z in April of 2021, Aleo’s Series B represents the largest fundraising round ever in the zero-knowledge industry.

Aleo announced today it has raised $28M to build the next-generation platform for decentralized, private applications. The round was led by Andreessen Horowitz (a16z) with participation from Placeholder VC, Galaxy Digital, Variant Fund, and Coinbase Ventures. Other notable investors include Polychain Capital, Slow Ventures, Dekrypt Capital, Scalar Capital, a_capital, zkValidator, Balaji Srinivasan and Ethereal Ventures, a new venture fund established by Joseph Lubin.