US digital asset investment manager Grayscale has filed a Form 8-K with the US Securities and Exchange Commission regarding Horizen Trust.
The Form 8-K was filed on November 23, 2024 and substantially confirms events or updates relating to the Trust and provides important information to investors.
Grayscale’s decision is part of its broader effort to strengthen regulatory compliance while meeting the changing needs of the crypto market. However, documents detailing Horizen Trust’s operational updates or strategic plans have not been published and are not yet available. Grayscale plans to offer its escrow product to remove the complexities associated with Zen token (ZEN) ownership and capitalize on the growing demand for institutional cryptocurrency investment vehicles.
Form 8-K is a mandatory return that companies must file to ensure that the public is informed of important events in near real time. The purpose of the filing is to keep existing and potential investors informed of important developments within Horizen Trust in accordance with SEC regulations. According to CoinMarketCap, the price of the token is up 30% at press time, closely related to the news of the filings on X.
Horizen is a privacy-focused blockchain platform designed for secure and scalable decentralized applications. The Horizen Trust is intended…
