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Grayscale Opens Horizen Trust, Offering Access to ZEN Tokens

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by A1

2 hours ago


Grayscale, a leading digital asset manager, has launched the Grayscale Horizen Trust (HZEN), offering qualified investors an opportunity to gain exposure to ZEN tokens through a regulated investment vehicle.

Investment Opportunities with Horizen Trust

A Grayscale Horizen Trust offering ZEN tokens in the form of securities exemplifies the company's move toward bridging traditional finance and cryptocurrency markets. Intended for institutional and accredited investors, this fund offers safe and compliant access into an ecosystem known for its commitment to privacy and scalability - Horizen's blockchain.

Details of Grayscale Horizen Trust

As of December 16, Grayscale Horizen Trust had a market price of $6.40 per share with about $8.7 million in assets under management.

Expansion of Grayscale's Digital Asset Offerings

The trust adds to Grayscale's growing portfolio of digital currency funds. Recently, the company also announced the development of trusts for Lido DAO (LDO) and Optimism (OP), consequently offering investors access to the Grayscale Lido DAO Trust and Grayscale Optimism Trust.

Grayscale's Horizen Trust provides institutional investors with a safe and regulated pathway to access ZEN tokens, highlighting the company's commitment to expanding its digital asset investment products.

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