Horizen partners with Auros to increase ZEN liquidity

• Horizen partners with Auros for $ZEN liquidity ahead of its launch of EVM-compatible platform EON
• Auros is a leading algorithmic trading and market making platform.
• The partnership aims at enhancing liquidity for the $ZEN token across CEX and DEX platforms.

Horizen, a leading layer-0 public blockchain, has announced a partnership with Auros, a global algorithmic trading and market making firm.

Horizen’s eyes increased liquidity for $ZEN

According to a press release shared with CoinJournal on Tuesday, the strategic partnership aims to increase access to $ZEN, Horizen’s native token. 

This comes ahead of the launch of EON, a new EVM-compatible smart contracts network developed by the Horizen team, the platform noted in the announcement.

Auros is one of the leading market participants, with trades of over a billion dollars daily. It is integrated with several venues and its algorithmic and high-frequency heritage will underpin this partnership.

“We are thrilled to join forces with Auros, a market leader in algorithmic trading and market-making services. Their expertise in bespoke liquidity solutions will undoubtedly enhance the EON ecosystem,” said Rob Viglione, Co-founder of Horizen.

Per Horizen, the partnership with Auros will provide enhanced liquidity for the $ZEN token across centralised and decentralised exchanges. People can easily buy $ZEN, which will increase opportunities for traders, DeFi users, and builders to participate in the EON ecosystem.

This should help unlock not just liquidity but also the utility and innovation within the smart contract platform’s ecosystem. It will also boost overall growth within the digital assets space, Ben Roth, the Chief Information Officer and co-founder of Auros said in a statement.

“Bringing our proprietary trading technology and strategies to Horizen’s EON, we are proud to expand the availability of liquidity in both the platform and the $ZEN token, delivering more value for all of its users,” Roth said. 

“Beyond liquidity provision, this partnership also represents a significant step and a new hope for the decentralised ecosystem as we jointly work towards a more resilient future for digital assets.”

Horizen EON is live on the Gobi testnet.