Aztec Network, a blockchain with native privacy capabilities, is set to hold its Token Generation Event (TGE) on February 12 at 3 PM Beijing time. The project, recently added to Coinbase's listing roadmap, conducted a successful on-chain token auction last December, raising 19,388 ETH ($59.13 million) by selling 15% of its tokens. The auction set Aztec's fully diluted valuation at $490 million, with a token cost of $0.0473. Following the auction, Aztec established a liquidity pool on Uniswap with 4,234.6 ETH ($12.91 million) and 273 million AZTEC tokens. The pool remains inactive until the TGE, which will activate $26 million in liquidity, potentially making AZTEC one of the most liquid altcoins on-chain. Aztec has garnered significant attention and investment, including $120 million from notable backers like Ethereum's Vitalik Buterin, Aave's Stani Kulechov, and venture firms such as a16z and Paradigm. Aztec's technological advancements include the Aztec Ignition Chain, a decentralized layer-2 solution with over 4,500 sequencer operators and 185 block proof generators. The network aims to enable end-to-end programmable privacy, with its execution layer expected to launch in Q1 2026, potentially sparking a wave of on-chain privacy applications.