Horizen companions with Auros to extend ZEN liquidity forward of EON launch

• Horizen companions with Auros for $ZEN liquidity forward of its launch of EVM-compatible platform EON
• Auros is a number one algorithmic buying and selling and market making platform.
• The partnership goals at enhancing liquidity for the $ZEN token throughout CEX and DEX platforms.

Horizen, a number one layer-0 public blockchain, has introduced a partnership with Auros, a worldwide algorithmic buying and selling and market making agency.

Horizen’s eyes elevated liquidity for $ZEN

In response to a press launch shared with CoinJournal on Tuesday, the strategic partnership goals to extend entry to $ZEN, Horizen’s native token. 

This comes forward of the launch of EON, a brand new EVM-compatible good contracts community developed by the Horizen workforce, the platform famous within the announcement.

Auros is among the main market individuals, with trades of over a billion {dollars} each day. It’s built-in with a number of venues and its algorithmic and high-frequency heritage will underpin this partnership.

“We’re thrilled to hitch forces with Auros, a market chief in algorithmic buying and selling and market-making providers. Their experience in bespoke liquidity options will undoubtedly improve the EON ecosystem,” mentioned Rob Viglione, Co-founder of Horizen.

Per Horizen, the partnership with Auros will present enhanced liquidity for the $ZEN token throughout centralised and decentralised exchanges. Individuals can simply purchase $ZEN, which is able to enhance alternatives for merchants, DeFi customers, and builders to take part within the EON ecosystem.

This could assist unlock not simply liquidity but additionally the utility and innovation inside the good contract platform’s ecosystem. It’ll additionally enhance general progress inside the digital property house, Ben Roth, the Chief Data Officer and co-founder of Auros mentioned in an announcement.

“Bringing our proprietary buying and selling expertise and techniques to Horizen’s EON, we’re proud to develop the supply of liquidity in each the platform and the $ZEN token, delivering extra worth for all of its customers,” Roth mentioned. 

“Past liquidity provision, this partnership additionally represents a major step and a brand new hope for the decentralised ecosystem as we collectively work in the direction of a extra resilient future for digital property.”

Horizen EON is reside on the Gobi testnet.