#GrayscaleHorizenTrust Grayscale Horizen Trust (HZEN) is an investment vehicle that provides investors with exposure to Horizen (ZEN), a digital asset, without the complexities of directly purchasing, storing, and safeguarding the cryptocurrency. The Trust's shares are publicly quoted on OTC Markets under the ticker symbol HZEN, allowing investors to trade them through traditional brokerage accounts.

As of December 24, 2024, the Trust reported the following key metrics:

Market Price per Share: $5.95

Net Asset Value (NAV) per Share: $3.10

Assets Under Management (AUM): $32,252,911.13

ZEN per Share: 0.08524299

It's important to note that the market price per share can trade at a premium or discount to the NAV, influenced by market demand and other factors. The Trust charges a management fee of 2.50% and does not currently operate a redemption program.

Horizen (ZEN) is a digital asset that operates on the Horizen Network, a decentralized platform that facilitates the exchange of tokens recorded on a public blockchain ledger. Investing in HZEN allows for exposure to ZEN's price movements through a traditional investment vehicle, bypassing the challenges associated with direct cryptocurrency ownership.

Investors should be aware that the Trust's shares may trade at significant premiums or discounts to the underlying asset value, and the Trust does not currently offer a redemption program. Therefore, it's crucial to consider these factors and conduct thorough research before investing.