Grayscale has submitted Form 8-K for the Grayscale Horizen Trust (ZEN) to the U.S. Securities and Exchange Commission (SEC).
According to the report, the fund has issued:
+ 3,565,200 shares to "qualified investors."
+ Total assets under management (AUM) include 304,034 ZEN tokens, valued at $4,712,299.
The Grayscale Horizen Trust operates to provide a way to invest indirectly in Horizen (ZEN), allowing investors to access digital assets without needing to own them directly. This share issuance reflects growing interest in cryptocurrency-related investment products.
