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ROAD TOWN, British Virgin Islands – 7th June, 2024 – Bitfinex (https://www.bitfinex.com), a premier digital asset trading platform, announced today that it would be one of the first exchanges to list ATH, the native token of Aethir, a decentralised cloud infrastructure provider specialising in AI and gaming.
Aethir is a decentralised physical infrastructure network (DePIN) that provides access to high-speed and scalable enterprise-grade cloud infrastructure, essential for demanding applications such as Bitcoin mining and artificial intelligence. In shifting away from traditional centralized models, Aethir can share distributed computational resources effectively, serving enterprise applications and clients across diverse industries and regions.
ATH, the Aethir network’s native token, offers holders several utility options, including facilitating payments 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 component of addressing the high-performance GPU shortage that is so consequential to the technology industry,” said Henry Child, Head of Tokens at Bitfinex. “We at Bitfinex are excited to add ATH to our diverse slate of digital asset offerings.”
Deposits for ATH are expected to open at approximately 10:00 AM UTC on 10th June, 2024, subject to network conditions. Trading is planned to commence at approximately 10:00 AM UTC on 12th June, 2024, contingent upon liquidity requirements being met. ATH will be tradable against US Dollars (ATH/USD) and Tether tokens (ATH/USDt).
To obtain access to ATH on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to Bitfinex’s 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 holding, 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 state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
The post Bitfinex Among First Exchanges to List ATH, Aethir’s Native Token appeared first on Bitfinex blog.
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