Aleo (ALEO) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Aleo is a Layer-1 blockchain that leverages zero-knowledge technology to help companies and developers build safer and more secure applications. It allows unaffiliated nodes to work together to update the ledger, and developers can do this without sharing personal data with everyone else on the internet. The Aleo Token, ALEO is the native asset of the network and is used to access blockspace and computational resources on the network, for powering governance and can be staked to provide network security, with stakers receiving a share of network rewards in return.
Crypto.com App users can now trade ALEO easily with USD, EUR, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.