Company: HZEN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0000950170-25-062756
Chunk: 11

Company: Grayscale Horizen Trust (ZEN)
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 11
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 Virtual Currency is any virtual currency tokens, or other asset or right, received by the Trust through the exercise (subject to the applicable provisions of the Trust Agreement) of any Incidental Right.

2. Summary of Significant Accounting PoliciesIn the opinion of management of the Sponsor of the Trust, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position as of March 31, 2025 and September 30, 2024 and results of operations for the three and six months ended March 31, 2025 and 2024 have been made. The results of operations for the periods presented are not necessarily indicative of the results of operations expected for the full year. These unaudited financial statements should be read in conjunction with the audited financial statements for the year ended September 30, 2024 included in our Annual Report.