The Aleo Network Foundation, the non-profit behind the ALEO Network, has announced a new team up with Request Finance, a crypto payroll platform that handles over $1 billion in transactions.
According to the press release, this partnership is meant to give companies better borderless crypto payments with the same privacy expected from traditional banking systems.
It signals a shift in blockchain users’ appetite to experience added privacy and selective disclosure, while still enjoying the borderless benefits of blockchain.
Aleo’s system is known for its focus on privacy. With it, firms and people make payments that are secure and can be programmed, while keeping personal information and transaction details hidden.
This is especially important when it comes to payroll. Companies will be able to pay employees automatically, while keeping salary information private and still meeting rules for compliance. It addresses a critical gap in the market: a payment system that combines the transparency of blockchain with the privacy needed to shield wage-related information. Primary beneficiaries include:
- Web2 companies paying contractors or suppliers overseas, who want to bypass costly and slow fiat rails.
- Web3-native teams that keep most of their assets on-chain. With up to 90% of treasury funds held in crypto, a single exposed transaction can reveal significant financial details—making privacy-preserving payments essential.
After testing Aleo’s technology with private payments, the partnership is now fully rolled out. Request Finance users can instantly access Aleo’s privacy-first features on the platform.
“At Aleo, we believe privacy isn’t just a feature: it’s a requirement for bridging traditional finance and blockchain technology,” said Howard Wu, co-founder of Aleo. By integrating Aleo’s technology into Request, businesses can now handle sensitive payments, from payroll to vendor bills, with the confidence that transaction details remain private. This combination gives businesses the security and discretion they require, while keeping the process simple, familiar, and easy to use.” He added.
Since the integration began, Request Finance has already processed $3.7 million worth of ALEO tokens in just a few weeks.
Also Read: Plume to Add Native USDC and CCTP V2 for Real-World Finance
