Aleo Appoints Deborah Marfurt as Chief Financial Officer

Veteran Web3 Leader Will Guide Growth Strategy as Company Gains Traction with Key Global Partnerships

SAN FRANCISCO--(BUSINESS WIRE)--The Aleo Network Foundation, the non-profit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced the appointment of Deborah Marfurt as Chief Financial Officer. Her appointment marks the next phase of Aleo’s expansion, building on recent partnership momentum with Binance Alpha, Revolut, Global Dollar Network, and Request Finance.

Marfurt brings more than 15 years of experience spanning Web3 and traditional markets at scale. She has led organizations across infrastructure, wallets, exchange, and gaming, and was named the Global Blockchain Gaming CFO of the Year by Acquisition International in 2023. Most recently, she served as CFO and COO at Sequence (formerly Horizon Blockchain Games), guiding monetization strategy for its developer platform products and Polygon-based game, Skyweaver, in addition to finance strategy, fundraising, and operational topics.

Before that, Marfurt was a senior leader in McKinsey & Company's private capital practice, advising on value creation, strategy, and corporate finance for private equity, institutional investors and their portfolio companies. She also served as interim CFO and advisor at Newton.co, a crypto exchange platform.

At Aleo, Marfurt will oversee global finance with a focus on scaling the organization, creating value for the protocol and its users, and supporting Aleo’s mission to bring privacy, compliance, and scalability to stablecoins and blockchain-based financial systems.

“The industry has proven blockchain’s potential, but adoption at scale still hinges on trust,” said Marfurt. “Aleo’s focus on embedding privacy and compliance directly into the infrastructure addresses that trust gap head-on. I’m eager to help shape the financial foundation that will enable Aleo to continue scaling, and set a new standard for private payments on the blockchain and other valuable use cases.”

“Deborah’s deep expertise at the intersection of finance, strategy, and Web3 innovation makes her uniquely positioned to guide Aleo through its next phase of growth,” said Leena Im, Chief Operating Officer of the Aleo Network Foundation. “The entire Aleo team extends a warm welcome to Deborah. Her leadership and experience will be essential as we continue to pioneer the only Layer 1 blockchain built for programmable, private, and compliant payments.”

Aleo uses zero-knowledge proofs to enable private-by-design smart contracts with configurable compliance, enabling governments, enterprises, and consumers to use blockchain securely for cross-border, peer-to-peer and B2B payments, institutional DeFi, payroll, identity verification and beyond. Its technology underpins applications like private USDC and compliant aid distribution, with developers already building on the network. Aleo is backed by top-tier investors including a16z, Haun Ventures, SoftBank, Samsung Next, and others.

About The Aleo Network

The Aleo Network is building the infrastructure for the next generation of private, decentralized applications. Using zero-knowledge cryptography, Aleo enables scalable, off-chain execution with on-chain verification — delivering privacy without compromising programmability. Developers can build powerful, secure applications without exposing user data.

As the industry continues to push toward more secure and privacy-first solutions, Aleo remains committed to making privacy a native, accessible feature for all builders on the decentralized web. For more information about Aleo and to stay updated on its latest developments, visit www.aleo.org.