The Trust Wallet is a platform that has been owned by Binance a mobile crypto wallet that has been designed to support Ethereum, Bitcoin and more than 20,000 different tokens that are Ethereum based across the ERC-20, ERC-721 and ERC-223 standards. The company has gone ahead to reveal that in the past week it had started to support the Zcash (ZEC).
As per the announcement that they made, the Trust Wallet will be focusing on the privacy projects; all this will be part of their broader mission of being able to support some of the leading crypto coins.
With this kind of news, it has been able to cap off the week with major announcements for the Zcash. The past Friday, Coinbase, which is a San Francisco based platform went on to announce that Zcash will be there latest project that they will be featuring in the Coinbase Earn.
This will be in a whole new section within the website that will be able to allow the different users to earn some crypto coins while being able to learn something new by simply completing some specific tasks that run on the site.
Additionally, the company that is behind the Zcash went on to announce that they will be rebranding from the Zcash company to an Electric Coin Company. All this was to ensure they are able to better differentiate themselves from the non-profit foundation in Zcash together with the coin. The change they have gotten into is also in line with the company’s legal name, one that has always been the Zerocoin Electric Coin Company Ltd.
At the moment the ZEC token is trading at $53.75, from this it has been able to give the project a $320.5 million market capitalization.