June 7 Bitfinex among first exchanges to list ATH, Aethir's native token
ROAD TOWN, British Virgin Islands – June 72024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list ATH, the native token of Aethir, a decentralized cloud infrastructure provider specializing in AI and games.
Aethir is a decentralized physical infrastructure network (DePIN) that provides access to high-speed, scalable enterprise cloud infrastructure essential for demanding applications such as Bitcoin mining and artificial intelligence. By moving away from traditional centralized models, Aethir can efficiently share distributed computing resources, serving enterprise applications and customers across diverse industries and geographies.
ATH, the native token of the Aethir network, offers Holders of several utility options, including payment facilitation for cloud gaming and AI applications, governance voting rights, and staking. There is a total supply of 42 billion ATH tokens.
“Aethir's innovative approach to distributed cloud computing is a crucial part of addressing the shortage of high-performance GPUs that is so consequential for the technology industry,” said Henry Child, Head of Tokens at Bitfinex. “At Bitfinex, we are excited to add ATH to our diverse range of digital asset offerings.”
Deposits for ATH are expected to open around 10:00 UTC on June 10, 2024, subject to network conditions. Trading is expected to begin around 10:00 UTC on June 12, 2024, subject to liquidity requirements being met. ATH will be tradable for US dollars (ATH/USD) and Tether tokens (ATH/USDt).
To access ATH on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to the Bitfinex Terms of Service (“TOS”). Please note that U.S. Persons (as defined in the TOS), among other Prohibited Persons (as defined in the TOS), are strictly prohibited from directly or indirectly owning, owning, or operating an Account (as defined in the TOS) on www.bitfinex. .com.
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering industry-leading services to global traders and liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC marketplace, and margin trading for a wide selection of digital tokens. Bitfinex's strategy focuses on providing unprecedented support, tools and innovation to experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.