Grayscale Horizen Trust has filed a Form 144 detailing the sale of common shares by its affiliate, Digital Currency Group, Inc. This filing, dated October 29, 2026, highlights the ongoing adjustments in the company's asset management strategy.

Background

Grayscale Horizen Trust (ZEN) operates within the commodity contracts brokers and dealers sector, classified under SIC 6221. The company is publicly traded on the OTC exchange under the ticker HZEN. Recent filings indicate that Grayscale Horizen Trust has been active in managing its securities, with multiple filings leading up to this report.

What the Filing Says

The filing reveals that Digital Currency Group, Inc. sold 6,992 shares of Grayscale Horizen Trust, with an aggregate market value of approximately $4,052.56. The shares were acquired on September 30, 2023, through a cash transaction in the secondary market. The filing states, "The approximate sale date is 10/29/2026." This reflects a series of sales by the same affiliate, with previous transactions occurring on October 23, 26, and 28, 2026.

Impact

The recent sales by Digital Currency Group, Inc. may have implications for investors and stakeholders in Grayscale Horizen Trust. With 11,425,100 shares outstanding, the activity signals a proactive approach to managing the trust's equity. This could influence market perceptions and strategies among other competitors in the commodity contracts sector.

What's Next

The filing does not say what happens next.