Horizen (ZEN) is a cryptocurrency launched in 2017. Users are able to generate ZEN through the process of mining. Horizen has a current supply of 15,843,500. The last known price of Horizen is 11.18960795 USD and is down -32.78 over the last 24 hours. It is currently trading on 151 active market(s) with $82,472,212.43 traded over the last 24 hours. More information can be found at https://www.horizen.io/.
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TL;DR Grayscale Investments filed Form 8-K for Horizen Trust, revealing the issuance of 3,565,200 shares backed by 304,034 ZEN tokens. Horizen Trust offers accredited investors secure and regulated access to the Horizen blockchain platform, featuring a mechanism to protect against market volatility. In 2024, Grayscale expanded its portfolio with new trusts, including Sky and Bittensor.
Grayscale has filed its 8-K form for a Horizen Trust with the SEC, creating significant buzz around Horizen (HEZ). Notably, Grayscale's move, coupled with the release of over 3.5 million shares and a steady accumulation of ZEN tokens, has sparked a rally in the price of Horizen (ZEN).