Grayscale Investments has launched an investment Fund with reference to Zen


Grayscale Investments has launched an investment Fund with reference to Zen

Investment company Barry Silbert announced the launch of a new product investment Fund with reference to Zen.

Grayscale Investments announced the launch of a new Fund — Zen Investment Trust — 6 Sep. The Fund became the eighth product of the company with reference to a specific currency, and the first product in its class that targets the Zen, with its focus on anonymity of transactions.

“We are very impressed with the team Horizen and her vision of Zen as the leading coins focused on privacy, — said managing Director of Grayscale Michael Sonnenschein. — Grayscale — a pioneer in asset management in this emerging sector, and we intend to continue to offer our clients the opportunity to invest in the most interesting blockchain projects.”

In turn, Barry Silbert, CEO and founder of Digital Currency Group, parent company of Grayscale, said that DCG and he is personally invested in a new Fund of $6.3 million.

Grayscale Investments — registered in 2013 investment company with headquarters in new York. Specializiruetsya on cryptocurrency investment, offering investment products that are linked to individual cryptocurrencies and crypto-currency basket.

The company works with such currencies, like bitcoin, ether, Bitcoin, Cash, Classic, Ethereum, Litecoin, XRP and zcash for.

As reported Hash#Telegraph earlier, Horizen is the result of the rebranding of the platform ZenCash.

The project team promised that it will be focused on creation of complete applications that enhance the anonymity of transactions and will offer the community new features, like on-chain Treasury Fund, proceeds of which will be spent on the development of the Horizen.

On the platform will appear sydeny with smart contracts, but the Ticker cryptocurrencies (ZEN) will not change.

By the end of the day 6 September Horizen (ZEN), according to Coinmarketcap trading at $per coin of 17, 77, 73 taking place in a rating of the cryptocurrency with the largest market capitalization ($83 million).

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