Coinbase Pro Launches Horizen ($ZEN)

On Wednesday, Coinbase announces the launch of Horizen (ZEN) into Coinbase Pro. According to the announcement, support for ZEN will generally be available in Coinbase’s supported jurisdictions with certain exceptions.

Consequently, the trading begins on or after 9 AM PT this September 16, 2021, if liquidity conditions are met. The exchange will also begin accepting inbound transfers of ZEN to Coinbase Pro.

Meanwhile, Barry Silbert — Founder and CEO of DCG (parent company of Grayscale) shared that he is thrilled to Coinbase adding Horizen. He shared a tweet about this news saying,

Of note, Horizen is an interoperable blockchain system, supported by a decentralized node infrastructure. Its sidechain platform focuses on scalable data privacy, and as such enables businesses as well as developers to build private or public blockchains using the unique sidechain technology known as Zendoo.

Lastly, Horizen is now trading at $107.24 with a 24-hour trading volume of $267,534,562. Based on coinmarketcap,  ZEN is up 24.06% in the last 24 hours.