Grayscale Horizen Trust issues 108,900 shares in private placement for $240,402

Grayscale Horizen Trust (ZEN)

Shares issued to accredited investors under Rule 506(c); prices based on NAV per share.
Aggregate proceeds of $240,402; no underwriting discounts or commissions paid.
Total shares outstanding increase to 10,512,100 as of January 21, 2025.
Grayscale Securities acted as authorized participant facilitating the creation.

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