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Read more: Bitcoin Covered Call ETF Now Promoted by Grayscale
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.
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.
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.
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