Well-known institutions increase their holdings in ZEN, with the scale of entrusted assets exceeding 11.7 billion USD.

Recently, the latest data released by a well-known digital asset management company showed that its total managed funds have reached $11.7 billion. At the same time, in the holdings change on November 23, the company made large-scale increases in several mainstream crypto assets in addition to Bitcoin. Among them, the highest increase was for an anonymous concept coin, Horizen (ZEN).

It is worth noting that Horizen (ZEN) is a fork of a forked coin, tracing its origins back to the anonymous coin Zcash. According to relevant information, ZEN completed its first halving at block height 840000 on November 23. This halving reduced the block reward by 50%, with the new block reward being 6.25 ZEN.

This series of actions reflects the ongoing attention of institutional investors to the Crypto Assets market, especially the emphasis on privacy and anonymity features. As the scale of digital asset management continues to expand, the market's demand for various types of Crypto Assets is also showing a trend of diversification.