Grayscale Horizen Trust (Zen) HZEN
$0.45 $0.01 (2.27%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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Grayscale Horizen Trust (Zen). Stock Analysis HZEN
United States N/A Nano Cap Grayscale Horizen Trust (Zen) is a US-based company operating in industry. The company is headquartered in Stamford, Connecticut. The company went IPO on 2021-10-18. Grayscale Horizen Trust is a Delaware Statutory Trust (the Trust). The Trust solely invested in and deriving value from the price of Horizen (ZEN) that enables investors to gain exposure to ZEN in the form of a security while avoiding the challenges of buying, storing, and safekeeping ZEN, directly. The Horizen Network allows people to exchange tokens of value, called ZEN, which are recorded on a public transaction ledger known as a blockchain. The Trust's investment activities are limited to issuing Baskets in exchange for ZEN transferred to the Trust as consideration in connection with the creations; transferring or selling ZEN, Incidental Rights and IR Virtual Currency as necessary to cover the Sponsor’s Fee and/or any Additional Trust Expenses; making distributions of Incidental Rights and/or IR Virtual Currency or cash from the sale thereof, and others. The Trust’s Sponsor is Grayscale Investments, LLC.
Grayscale Horizen Trust (Zen) (HZEN) Chart
Financial Metrics & Statements of Grayscale Horizen Trust (Zen) (HZEN)
FAQ's for Grayscale Horizen Trust (Zen) (HZEN)
- As of August 2026, Grayscale Horizen Trust (Zen) HZEN is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Grayscale Horizen Trust (Zen) using these criteria to determine its compliance status.
- Muslim investors may consider investing in Grayscale Horizen Trust (Zen) if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Grayscale Horizen Trust (Zen) by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Grayscale Horizen Trust (Zen) may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Grayscale Horizen Trust (Zen) on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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