Aleo, a privacy-focused blockchain project, provides higher privacy and scalability with ZKP technology. 🕵️♂️💻🔒 The core idea of Aleo is that users can authenticate and process data without revealing their personal data. Aleo closed its $28 million Series A financing led by a16z in 2021 and closed its $200 million Series B financing in 2024. This funding round increased Aleo's valuation to $1.45 billion. Aleo will launch an incentive testnet on July 1.