Grayscale Horizen Trust Is Now Opened to Qualified Investors

By Coincu
6 days ago
ZEN LDO BTC OP READ

Key Points:

  • Grayscale has opened its Horizen Trust (HZEN) to qualified investors, providing exposure to ZEN tokens through a regulated investment channel.
  • As of December 16, the Grayscale Horizen Trust had a market price of $6.40 per share and managed assets totalling $8.7 million.
  • Grayscale continues to expand its digital asset funds, previously launching trusts for Lido DAO and Optimism.
Grayscale, a leading digital asset manager, has announced the launch of the Grayscale Horizen Trust (HZEN), offering qualified investors an opportunity to gain exposure to ZEN tokens through a regulated investment vehicle.
Grayscale Horizen Trust Is Now Opened to Qualified Investors

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Grayscale Horizen Trust Opened to Qualified Investors

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.

Grayscale Expands Digital Asset Offerings with New Trusts

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.

Source: Grayscale

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.

Read original article on coincu.com
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