Aleo Stock

aleo.orgEnterprise Software / Software DevelopmentFounded: 2019Funding to Date: $222.47MM

Aleo, founded in 2019, is the developer of a blockchain-based platform designed to provide absolute privacy on blockchains. The Aleo platform enables developers to build, test, and deploy private applications for different operating systems, aiming to enable users to compile and test codes without compromising privacy.

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Enterprise Value (based on primary financings)

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Team

Management Team

Alex Pruden
Chief Executive Officer
Michael Beller
Co-Founder, Chief Operating Officer & Chief Financial Officer
Collin Chin
Co-Founder
Howard Wu
Co-Founder
Raymond Chu
Co-Founder

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News Highlights

The Future of Cryptocurrency Mining: A Closer Look at RRG Mining's Expansion Plans
RRG Mining, a UK-based cryptocurrency mining company, plans to expand its operations and focus on mining and hash rate rental services for the Aleo cryptocurrency in 2023. The company aims to remain among the largest Aleo mining nodes globally from 2023-2025, with a target capacity of 1,000,000 pps. To achieve this, RRG Mining is offering a hash rate rental package to users.
Demox Labs releases a new wallet for its Aleo blockchain
Demox Labs has launched a new wallet for its Aleo blockchain, following a $4.5 million funding round. The wallet, named Leo, allows users to generate zero-knowledge proofs within their web browsers, facilitating interaction with Aleo's applications. The funding will be used to expand Leo's compatibility with other zero-knowledge proof blockchains and develop Web3 applications for enterprise use.
Demox Labs Unveils Privacy Focused Cryptocurrency Wallet for Aleo Blockchain
Demox Labs has completed a pre-seed funding round worth $4.5 million and launched the Leo Wallet, a privacy-focused cryptocurrency wallet compatible with the Aleo blockchain. The funding, led by HackVC and featuring participation from DCVC, Amplify Partners, Coinbase Ventures, CRV, OpenSea, and CSquared, will be used to develop blockchain infrastructure using zero-knowledge protocols and to enhance the privacy technology of Leo Wallet.
Updated on: Sep 27, 2023