According to Foresight News, Grayscale submitted Grayscale Horizen Trust (ZEN) 8-K form to the U.S. Securities and Exchange Commission. The document shows that the trust fund privately issued 3,565,200 shares to specific qualified investors, totaling approximately 304,034 ZEN tokens, worth $4,712,299.
Grayscale Securities serves as an authorized participant. As of December 23, 2024, the total number of units issued reached 10,403,200.
