Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Grayscale Takes Action for a New Altcoin, Price Rises Again!

Grayscale Takes Action for a New Altcoin, Price Rises Again!

BitcoinsistemiBitcoinsistemi2024/12/24 08:55
By:Elif Azra Güven

Grayscale has filed Form 8-K for Horizen Trust (ZEN).

Grayscale, a giant company that offers investment products to investors for many altcoins, has taken action for a new altcoin.

At this point, Grayscale has filed Form 8-K for Grayscale Horizen Trust (ZEN) with the U.S. Securities and Exchange Commission (SEC).

This form, submitted by Grayscale, which announced last week that it had opened a fund called Horizen Trust to qualified investors who met the conditions, reveals that the ZEN fund issued 3,565,200 shares exclusively to certain “qualified investors”, representing approximately 304,034 ZEN tokens.

After Grayscale's Horizen (ZEN) move, the price increased by 164 percent in the last week, and after the last filing with the SEC, it increased by 33 percent.

Grayscale Takes Action for a New Altcoin, Price Rises Again! image 0 Grayscale Takes Action for a New Altcoin, Price Rises Again! image 1

*This is not investment advice.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Netflix faces backlash for using AI-generated voice of Gabby Petito

Share link:In this post: Netflix used AI to recreate Gabby Petito’s voice in its new docuseries, and people are calling it disturbing and unethical. Viewers slammed Netflix online, saying AI shouldn’t be used to digitally recreate a murder victim’s voice for a documentary. Gabby’s family approved it, but experts argue that murder victims don’t get a say in how their voice is used after death.

Cryptopolitan2025/02/23 17:22

Trump’s Republican allies unsettled by Elon Musk’s D.O.G.E

Share link:In this post: Elon Musk’s D.O.G.E. has gutted the CFPB, firing employees, shutting down enforcement, and wiping the agency’s name off its headquarters—leaving Trump allies worried it could backfire in court. Russell Vought and other Trump officials fear Elon’s reckless approach could bring lawsuits, allowing the CFPB to survive instead of being quietly dismantled. Government employees are suing the Trump administration anonymously, afraid Elon’s attacks on X and mass firings could put them at ri

Cryptopolitan2025/02/23 17:22

Vitalik Buterin joins the resistance against the UK government’s push for Apple user data

Share link:In this post: Vitalik Buterin criticized the UK government for its recent demands for backdoor access to Apple user data. This will be the first time Apple is disabling its data security tool. Apple reassures users that some data, such as health app data, passwords, and communications on iMessage and FaceTime, will remain end-to-end encrypted.

Cryptopolitan2025/02/23 17:22