Zeus

Token

Zeus Network

April

OKX cryptocurrency exchange, has officially announced the listing of the Zeus Network’s ZEUS token on its spot market. Starting from April 4, 2024, at 14:At 00:00 UTC, traders will be able to trade the ZEUS token against USDT using the ZEUS/USDT spot pair. This move not only diversifies the trading possibilities on <a href="https://coingape.com/okx-elevates-us-based-compliance-department-to-highest-priority/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">OKX </a>but also brings the innovative capabilities of the Zeus Network to a larger audience.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 OKX announced that it will list the Zeus Network token ZEUS and open the ZEUS/USDT trading pair. This is also the first project of the Jupiter LFG Launchpad. The Zeus Network is a permissionless layer that combines the Solana with Bitcoin blockchain. <a href="https://t.co/PJVRyKJbIA" rel="noopener noreferrer nofollow">https://t.co/PJVRyKJbIA</a>
 — Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1775877099162886150?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 4, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="zeus-network-s-strategic-integration-and-funding">Zeus Network’s Strategic Integration and Funding</h2>
The Zeus Network differentiates itself from its competition by strategically combining Solana’s high processing speeds and scalability with Bitcoin’s unmatched security and liquidity. This symbiotic relationship is expected to usher in a new age of high-performance decentralized applications (DApps) and locked financial services, thereby setting the bar for future blockchain partnerships.
This latest funding round, in which the network raised $8 million, led by Mechanism Capital and supported by <a href="https://coingape.com/okx-secures-landmark-investment-in-ai-depin-project/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">OKX Ventures</a>, Animoca Ventures, and other entities, demonstrates the industry’s belief in significant improvement in blockchain interoperability by this network.
This funding initiative is focused on the development of a cross-chain infrastructure that links Solana with other major blockchains like Bitcoin and Litecoin, hence providing an interconnected and more effective blockchain ecosystem.
<h2 id="community-engagement-and-regulatory-adjustments">Community Engagement and Regulatory Adjustments</h2>
Considering the need to promote a strong community and ecosystem, Zeus Network has also made known its intention to create a token airdrop. This action is intended to benefit its community members, as the network is ready to give out some of its ZEUS tokens to the eligible participants. This effort is part of Zeus Network’s dedication to community participation and ecosystem growth, especially as it prepares for a mainnet launch in the next few months.
Simultaneously, OKX is following through a phase of increased <a href="https://coingape.com/okx-suffers-major-api-glitch-okb-price-in-jeopardy/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">regulatory oversight</a>, especially regarding money laundering activities. This has led to significant operational adjustments, including the removal of USDT from European markets and a freeze on USDT assets, alongside the departure of its global chief compliance officer. These amendments highlight the general industry’s efforts to comply with norms in the wake of the U.S. war on offshore exchanges due to fear of money laundering.
<h2 id="market-expansion-and-innovation">Market Expansion and Innovation</h2>
The listing of ZEUS on OKX is poised to open new avenues for market expansion and innovation within the blockchain space.&nbsp; Using the scalability of Solana and the security of Bitcoin, the Zeus Network seeks to develop strong support for the seamless exchange of data and assets across different blockchains.&nbsp;
This endeavor is highlighted by the development of its first decentralized application, APOLLO, which seeks to bridge the liquidity gap between Bitcoin and Solana, thereby enhancing the DeFi ecosystem.
Moreover, the strong support from a wide array of venture capital firms and angel investors, including Solana Co-Founder <a href="https://coingape.com/solana-and-ethereum-unite-against-sec-security-allegations/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">Anatoly Yakovenko</a>, signifies a collective belief in the network’s vision. This backing is instrumental in Zeus Network’s efforts to connect diverse Web3 ecosystems using the Solana Virtual Machine (SVM) and its proprietary Zeus Layer.
Read Also: <a href="https://coingape.com/fantom-launching-canonical-stablecoin-supported-by-circle-and-wormhole/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">Fantom Launching Canonical Stablecoin Supported By Circle and Wormhole</a>
The post <a href="https://coingape.com/okx-announces-listing-of-zeus-network-token-zeus/" rel="noopener noreferrer nofollow">OKX Announces Listing of Zeus Network Token ZEUS</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

OKX Announces Listing of Zeus Network Token ZEUS

Table of Contents

Coingape News Media

Other articles published on Apr 4, 2024

Nvidia eyes Indonesia for $200M AI center amid global AI scramble

Meme Coin Mania Draws New and Veteran Crypto Investors

Pendle Finance Surges: $4 Billion TVL, $10 Billion Trading Volume – What It Means for DeFi

Fantom Supply On Exchanges See Drastic Increase, A Cause For Alarm?

Blink Galaxy (GQ) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Fantom Launching Canonical Stablecoin Supported By Circle and Wormhole

Join our free newsletter for daily crypto updates!