Aethir and Auros Team Up to Increase ATH Token Trading Efficiency

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Aethir, a leader in GPUs as a service, has partnered with Auros, a leading crypto-native algorithmic trading firm, to improve the transparency and efficiency of ATH token transactions for Aethir’s decentralized cloud computing infrastructure, it said the company in an announcement on Wednesday. .

Through the partnership, Aethir and Auros aim to address a common struggle with transaction transparency and efficiency as enterprises transition to decentralized cloud computing. Entities will implement regular, chained transactions to ensure that each step is visible and verifiable.

Aethir reported $36 million in annual recurring revenue from enterprise customers, facilitating the seamless conversion of this revenue into ATH tokens for computing services.

The firm said the process not only builds trust in the Aethir community, but also among enterprise customers, providing clear insights into how ATH tokens power the ecosystem.

“Working with Auros ensures that our financial transactions are executed with transparency and efficiency,” said Mark Rydon, Co-Founder and CSO of Aethir. “This increases trust in our community and simplifies the onboarding process for our enterprise customers.”

The collaboration adopts Auros’ algorithmic trading expertise to ensure ATH token purchases are executed efficiently, reducing costs and maximizing value, as stated in the announcement.

This strategic move allowed Aethir to integrate major players in telecommunications, gaming and publishing into its decentralized infrastructure, enabling them to access cloud gaming, cloud telephony and AI training services without typical onboarding issues.

“Auros’ best-in-class execution, coupled with full transparency, enables Aethir to deliver superior and seamless experiences to its customers,” said Mark Rydon, Co-Founder and CSO of Aethir.

“This innovative use case is a significant advance for blockchain and the wider technology community and is an important step towards the widespread adoption of on-chain payments and decentralized cloud computing within the Aethir ecosystem and the industry as a whole,” he added .

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