Grayscale Horizen Trust (Zen) (HZEN) — SEC Filings
Grayscale Horizen Trust (Zen) (HZEN) — 25 SEC filings. Latest: 8-K (Dec 23, 2025). Includes 17 8-K, 6 10-Q, 2 10-K.
View Grayscale Horizen Trust (Zen) on SEC EDGAR
Overview
Grayscale Horizen Trust (Zen) (HZEN) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 3, 2025: Grayscale Horizen Trust (ZEN) filed an 8-K on December 3, 2025, reporting "Other Events." The filing indicates the company was formerly known as Zen Investment Trust and changed its name on August 2, 2018. The trust is incorporated in Delaware and its fiscal year ends on September 30.
Sentiment Summary
Across 25 filings, the sentiment breakdown is: 24 neutral, 1 mixed. The dominant filing sentiment for Grayscale Horizen Trust (Zen) is neutral.
Filing Type Overview
Grayscale Horizen Trust (Zen) (HZEN) has filed 17 8-K, 2 10-K, 6 10-Q with the SEC between Feb 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (25)
Risk Profile
Risk Assessment: Of HZEN's 23 recent filings, 2 were flagged as high-risk, 12 as medium-risk, and 9 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $0 |
| Net Income | Not Disclosed |
| EPS | Not Disclosed |
| Debt-to-Equity | 0.0 |
| Cash Position | Not Disclosed |
| Operating Margin | Not Disclosed |
| Total Assets | Not Disclosed |
| Total Debt | $0 |
Industry Context
The digital asset trust industry is characterized by evolving regulatory scrutiny and technological advancements. Grayscale Horizen Trust operates within a niche focused on specific cryptocurrencies. The broader crypto market is seeing a trend towards Layer-2 solutions for scalability and a re-evaluation of token utility, as evidenced by Horizen's migration to the Base Network.
Top Tags
Grayscale (5) · trust (5) · 10-Q (5) · equity-securities (5) · corporate-governance (4) · unregistered-sales (4) · Cryptocurrency (3) · crypto (3) · trust-filing (3) · filing (3)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Commission File Number | 000-56435 | SEC Filing identifier |
| IRS Employer Identification No. | 83-6217411 | Tax identification number |
| Aggregate market value of Shares held by non-affiliates | $17,487,245 | As of March 31, 2025, indicating the Trust's market capitalization for non-affiliated holdings. |
| Number of Shares outstanding | 11,425,100 | As of November 20, 2025, representing the total issued shares of the Trust. |
| Percentage of ZEN in circulation held by the Trust | 5.5% | As of September 30, 2025, indicating the Trust's significant but non-influential position in the Horizen ecosystem. |
| Date of Horizen Network migration to Base Network | July 2025 | Marks a fundamental shift in ZEN's underlying technology and utility. |
| Date of Horizen Network privacy feature deprecation | September 2023 | Indicates a strategic change in ZEN's market positioning away from a 'privacy coin'. |
| Date of Reference Rate change | June 20, 2023 | Coin Metrics Real-Time Rate replaced CoinDesk Indices, Inc. for ZEN pricing. |
| Report Date | 20251013 | Date of earliest event reported |
| Filing Date | 20251014 | Date the report was filed with the SEC |
| Revenue | $0 | The Trust reported no revenue for the quarter ended June 30, 2025, consistent with its passive investment model. |
| Net Income | $0 | The Trust reported no net income for the quarter ended June 30, 2025, reflecting its operational structure. |
| Reporting Period End Date | 2025-03-31 | Indicates the end of the financial quarter being reported. |
| Prior Year End Date | 2024-09-30 | Provides a comparison point for financial performance. |
| Start of Reporting Period | 2025-01-01 | Marks the beginning of the financial quarter. |
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Frequently Asked Questions
What are the latest SEC filings for Grayscale Horizen Trust (Zen) (HZEN)?
Grayscale Horizen Trust (Zen) has 25 recent SEC filings from Feb 2024 to Dec 2025, including 17 8-K, 6 10-Q, 2 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of HZEN filings?
Across 25 filings, the sentiment breakdown is: 24 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Grayscale Horizen Trust (Zen) SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Grayscale Horizen Trust (Zen) (HZEN) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Grayscale Horizen Trust (Zen)?
Key financial highlights from Grayscale Horizen Trust (Zen)'s most recent 10-K include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for HZEN?
The investment thesis for HZEN includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Grayscale Horizen Trust (Zen)?
Executive information for Grayscale Horizen Trust (Zen) is extracted from SEC filings as they are enriched with AI analysis.
What are the main risk factors for Grayscale Horizen Trust (Zen) stock?
Of HZEN's 23 assessed filings, 2 were flagged high-risk, 12 medium-risk, and 9 low-risk.
What are recent predictions and forward guidance from Grayscale Horizen Trust (Zen)?
Forward guidance and predictions for Grayscale Horizen Trust (Zen) are extracted from SEC filings as they are enriched.