Grayscale, a U.S. digital asset investment manager, has filed a Form 8-K with the SEC regarding Horizen Trust. While the details of the filing are not yet available, Grayscale intends to provide its trust product to simplify the ownership of Zen tokens (ZEN) and meet the growing demand for institutional-grade cryptocurrency investment vehicles. The filing is mandated to keep investors informed about significant developments within Horizen Trust. The price of ZEN has increased by 30% in response to the news. Horizen is a privacy-focused blockchain platform, and the trust offers investors exposure to ZEN without the need to hold the asset directly. Grayscale's trust issues shares periodically but may suspend creation under certain circumstances to balance risks.



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