Grayscale Horizen Trust (ZEN) Relocates Offices

TL;DR

ZEN moved its HQ to Stamford, CT on 10/22/25.

AI Summary

On October 22, 2025, Grayscale Horizen Trust (ZEN) filed an 8-K report. The filing indicates a change in the company's principal executive offices to 290 Harbor Drive, 4th Floor, Stamford, Connecticut, 06902. This move was effective as of October 22, 2025.

Why It Matters

This filing indicates a change in the operational base for Grayscale Horizen Trust, which could signal strategic shifts or administrative restructuring.

Risk Assessment

Risk Level: low — The filing reports a change of address, which is a routine administrative event with no immediate financial or operational risk.

Key Players & Entities

• Grayscale Horizen Trust (ZEN) (company) — Registrant
• 290 Harbor Drive, 4th Floor, Stamford, Connecticut, 06902 (location) — New Principal Executive Offices
• October 22, 2025 (date) — Effective date of address change

FAQ

Filing Documents

• hzen-20251022.htm (8-K) — 49KB
• 0001193125-25-249963.txt ( ) — 157KB
• hzen-20251022.xsd (EX-101.SCH) — 28KB
• hzen-20251022_htm.xml (XML) — 5KB

01. Other Events

Item 8.01. Other Events. Corporate Reorganization of the Sponsor On October 22, 2025, GSO Intermediate Holdings Corporation ("GSOIH"), a Delaware corporation which was the sole managing member of Grayscale Operating, LLC ("GSO"), a Delaware limited liability company which is the sole member of Grayscale Investments Sponsors, LLC ("GSIS" or the "Sponsor"), the sponsor of the registrant (the "Trust"), consummated an internal corporate reorganization (the "Reorganization"). Pursuant to the Reorganization, GSOIH transferred a portion of its common membership units of GSO for Class A shares of Grayscale Investments, Inc. ("Grayscale Investments"), a Delaware corporation incorporated in connection with the Reorganization, and ceded its managing member rights in GSO to Grayscale Investments. As a result of the Reorganization, Grayscale Investments is now the sole managing member of GSO, the sole member of the Sponsor. Also in connection with the Reorganization, on October 22, 2025, DCG Grayscale Holdco, LLC ("DCG Holdco"), the sole stockholder of Grayscale Investments, elected a board of directors (the "Board") at Grayscale Investments. Prior to the Reorganization, GSOIH's board of directors was responsible for managing and directing the affairs of the Sponsor. As a result of the Reorganization, the Board of Grayscale Investments is responsible for managing and directing the affairs of the Sponsor, and consists of Barry Silbert, Mark Shifke, Simon Koster, Peter Mintzberg and Edward McGee, the same members as the board of directors of GSOIH prior to the Reorganization. Mr. Mintzberg and Mr. McGee also retain the authority granted to them as officers of the Sponsor under the limited liability company agreement of the Sponsor. Mr. Silbert is the Chairperson of the Board of Grayscale Investments. DCG Holdco, Grayscale Investments, GSOIH, GSO and GSIS are all consolidated subsidiaries of Digital Currency Group, Inc. We do not expect the Reorganization to have any mate

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Grayscale Investments Sponsors, LLC, as Sponsor of Grayscale Horizen Trust (ZEN) Date: October 24, 2025 By: /s/ Edward McGee Edward McGee Chief Financial Officer* * The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant.

View Full Filing

View this 8-K filing on SEC EDGAR