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news-imageDecember 24, 2024

Grayscale Expands Its Crypto Portfolio with the Launch of the Horizen (HZEN) Trust

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.
Publisher: Crypto Economy
Sentiment: Positive
ZEN

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cover-imageCrypto Economy
December 17, 2024

Grayscale Introduces Horizen Trust for Simplified ZEN Exposure

TL;DR Grayscale has launched the Horizen Trust (HZEN) to provide accredited investors with simplified exposure to Horizen (ZEN), bridging the gap between TradFi and the crypto market. The trust allows investors to gain exposure to ZEN without the complexities of direct ownership, making it appealing to those using traditional brokerage accounts.

Positive
cover-imageInvezz
March 28, 2024

Horizen launches testnet for modular proof verification chain

Horizen, a prominent player in the blockchain space, has achieved a major milestone with the deployment of the testnet of its proof verification chain. This advancement represents a significant step forward in redefining blockchain efficiency through innovative technologies such as ZK proof verification and settlement layers.

Positive
cover-imageThe Currency Analytics
December 12, 2023

ApeChain: Horizen Labs, Offchain Labs, and Arbitrum Foundation Unveil Visionary Proposal for ApeCoin Ecosystem Growth

In an ambitious move to propel the ApeCoin ecosystem to new heights, ApeCoin DAO, in collaboration with Horizen Labs, Offchain Labs, and the Arbitrum Foundation, has unveiled a groundbreaking proposal for the creation of ApeChain. This innovative platform is designed to cater specifically to the burgeoning blockchain gaming ecosystem and will be built using Arbitrum's cutting-edge technology.

Positive
cover-imageBitcoin
December 12, 2023

Horizen Labs, Offchain Labs, and the Arbitrum Foundation Propose Apechain Powered by Arbitrum

A collaboration between Horizen Labs, Offchain Labs, and the Arbitrum Foundation aims to bolster the apecoin (APE) ecosystem through the development of a dedicated blockchain, Apechain. Envisioned to leverage Arbitrum technology and governed by Apecoin DAO, the teams believe this initiative represents a significant step toward expanding the utility and reach of apecoin.

Positive
cover-imageThe Currency Analytics
September 13, 2023

Horizen Partners with Tatum to Revolutionize Blockchain Development for Everyone

In a groundbreaking move set to reshape the landscape of blockchain development, Horizen, a leading platform with a focus on scalability and interoperability, has forged a strategic partnership with Tatum, a renowned blockchain development platform. This partnership, aimed at enhancing the EON ecosystem, is set to democratize the world of decentralized applications (dapps) by simplifying their creation.

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