Company: ZCSH
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0000950170-25-035469
Chunk: 320

Company: Grayscale Zcash Trust (ZEC)
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 320
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 may be further amended from time to time. 

“Trustee”—CSC Delaware Trust Company (formerly known as Delaware Trust Company), a Delaware trust company, is the Delaware trustee of the Trust. 

“UBTI”—Unrelated business taxable income.

“U.S.”—United States. 

“U.S. dollar” or “$”—United States dollar or dollars. 

“U.S. GAAP”—United States generally accepted accounting principles. 

“Zcash” or “Zcash Network”—The online, end-user-to-end-user network hosting the public transaction ledger, known as the Blockchain, and the source code comprising the basis for the cryptographic and algorithmic protocols governing the Zcash Network. See “Item 1. Business—Overview of the ZEC Industry and Market.”

“ZEC” or “Zcash”—Zcash tokens, which are a type of digital asset based on an open-source cryptographic protocol existing on the Zcash Network, comprising units that constitute the assets underlying the Trust’s Shares. See “Item 1. Business—Overview of the ZEC Industry and Market.”

107 

SIGNATURES 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned in the capacities* indicated, thereunto duly authorized. 

    Grayscale Investments Sponsors, LLC, as Sponsor of Grayscale Zcash Trust (ZEC)

      By:
    /s/ Peter Mintzberg 

    Name:
    Peter Mintzberg 

    Title:
    Member of the Board of Directors and Chief Executive Officer (Principal Executive Officer)*

      By:
    /s/ Edward McGee

    Name:
    Edward McGee

    Title:
    Member of the Board of Directors and Chief Financial Officer (Principal Financial and Accounting Officer)*

    By:
    /s/ Mark Shifke

    Name: 
    Mark Shifke

    Title:
    Chairman of the Board of DirectorsDirector*

    By:
    /s/ Matthew Kummell

    Name:
    Matthew Kummell

    Title:
    Member of the Board of DirectorsDirector*

Date: March 7, 2025

* The Registrant is a trust and the persons are signing in their capacities as officers of Grayscale Operating, LLC, the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant, or