PANews reported on January 29 that, according to official sources, Kraken will launch Aleo (ALEO) trading at 11 PM Beijing time tonight.

Previously, it was reported that Circle would partner with the privacy-focused public blockchain Aleo to launch a new stablecoin, USDCx, aiming to provide "bank-grade privacy." The coin's transaction history will not be publicly visible, appearing only as encrypted data "blocks," but each transaction will include compliance records that Circle can access upon law enforcement requests.