💰 Empowering the Growing DeFi Movement
Today's Highlights
- Aligned - creating technology to improve DeFi
- Learn - a couple of courses to further your knowledge in crypto.
- In Other News - a few interesting developments we're tracking.
Aligned - creating technology to improve DeFi
Aligned, a prominent new DeFi and web3 infrastructure company has raised $34M in funding. Aligned was founded by Sam Cassatt, a notable investor and early Ethereum adopter. Aligned’s funding will enable the firm to grow its core offerings, which include advanced solutions for mining, staking and liquidity provisioning for Ethereum compatible blockchains, including Layer 2 networks, as well as for prominent blockchains and new emerging architectures.
Aligned is designed to support a future built on natively decentralized technologies, such as Zero-knowledge proofs, which will reduce reliance on centralized infrastructure with single points of failure.
Aligned has created proprietary, state of the art hardware and software that leverage programmable silicon (FPGAs) and highly configurable chips for the next generation of on-chain computation to mine tokens such as ETH, while providing hardware acceleration and cloud services to other Web3 protocols. Aligned is collaborating with industry leaders to create high performance computing infrastructure that is faster, more efficient, and purpose-built to meet the demands of the growing decentralized ecosystem.
Projected to become a $40 billion market by 2025, staking is the next generation of mining. As the industry continues to witness the compounding growth of proof-of-stake blockchains, the demand for staking and validators is exponentially increasing. Aligned’s architecture is designed to stake at significant scale, helping organizations maximize the return on their investments by generating cash flows from staking.
Liquidity provisioning can be achieved by leveraging smart contracts rather than hardware or centralized exchanges. Aligned is committed to enabling on-chain liquidity provisioning and to date has supported the deployment of 15,000 ETH across the DeFi ecosystem.
Sam Cassatt sees Aligned as Web3’s answer to AWS. Aligned supports decentralized networks and leverages the crypto assets needed to operate decentralized tech. With its early mover advantage and world-class team, Aligned is enabling rapid adaptivity and scalability in the DeFi space.
📚 Learn
Cam Harvey
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Robert Dittmar and Andrew Wu
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