3 months ago
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Aethir achieves $36 million in revenue, enhancing ATH token-based transactions.
Key Takeaways
Aethir and Auros join forces to enhance ATH token transparency. Auros' algorithmic trading expertise can help optimize ATH token purchases. <?xml encoding="UTF-8"?>Aethir, a leader in GPUs-as-a-service, has partnered with Auros, a top crypto-native algorithmic trading firm, to improve transparency and efficiency in ATH token transactions for Aethir’s decentralized cloud computing infrastructure, the company shared in a Wednesday announcement.
With the partnership, Aethir and Auros aim to address a common struggle with transaction transparency and efficiency when enterprises transition to decentralized cloud computing. The entities will implement regular, on-chain transactions to ensure that every step is visible and verifiable.
Aethir has reported $36 million in annual recurring revenue from enterprise clients, facilitating seamless conversion of this revenue into ATH tokens for computing services.
The firm said the process not only builds trust within the Aethir community but also among enterprise clients by providing clear insights into how ATH tokens power the ecosystem.
“Teaming up with Auros ensures our financial transactions are executed with transparency and efficiency,” said Mark Rydon, Co-Founder and CSO of Aethir. “This enhances trust within our community and streamlines the integration process for our enterprise clients.”
The collaboration adopts Auros’ algorithmic trading expertise to ensure that ATH token purchases are executed efficiently, reducing costs and maximizing value, as noted in the announcement.
This strategic move has enabled Aethir to onboard major players in telecommunications, gaming, and publishing into its decentralized infrastructure, allowing them to access cloud gaming, cloud phone, and AI training services without typical onboarding issues.
“Auros’ best-in-class execution along with full transparency enables Aethir to provide seamless and superior experiences to their clients,” Mark Rydon, Co-Founder and CSO of Aethir, stated.
“This innovative use case is a significant advancement for the blockchain and broader tech community and is an important step towards the widespread adoption of on-chain payments and decentralized cloud computing within Aethir’s ecosystem and the industry as a whole,” he added.
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