Grayscale Horizen Trust (ZEN) is a private investment fund based in Stamford, Connecticut. According to its most recent Form D, filed Jan 5, 2026, it has sold $19,762,143 of interests to 96 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Grayscale Investments Sponsors, LLC; Grayscale Operating, LLC; Mark Shifke.
- Total raised
- $19,762,143Cumulative sales reported on Form D
- Investors
- 96
- First sale
- Aug 6, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Grayscale Investments Sponsors, LLC; Grayscale Operating, LLC; Mark Shifke
- Latest Form D
- Jan 5, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Grayscale Horizen Trust (ZEN)
What is the minimum investment for Grayscale Horizen Trust (ZEN)?
According to its latest Form D, filed Jan 5, 2026, the minimum investment Grayscale Horizen Trust (ZEN) accepts from an outside investor is $25,000.
Who can invest in Grayscale Horizen Trust (ZEN)?
Grayscale Horizen Trust (ZEN) is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Grayscale Horizen Trust (ZEN) raised?
Grayscale Horizen Trust (ZEN) reports $19,762,143 sold from 96 investors on its Form D filed Jan 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Grayscale Horizen Trust (ZEN) based?
Grayscale Horizen Trust (ZEN) is based in Stamford, Connecticut and is managed by Grayscale Advisors.
When did Grayscale Horizen Trust (ZEN) launch?
Grayscale Horizen Trust (ZEN) reports its first sale in Aug 2018.
Size compared with every private investment fund
Raised more than 47% of the 307 private investment funds based in Connecticut, and more than 50% of all 10,333 that report sales.
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