Winklevoss Capital Leads 58.8m Funding For Cypherpunks Zcash Treasury Move

6 Days(s) Ago    👁 47
 
Leap Therapeutics Becomes Cypherpunk Technologies

Former biotech firm Leap Therapeutics has officially rebranded as Cypherpunk Technologies. The Nasdaq-listed company will now operate under the ticker symbol CYPH.

Cypherpunk enters the digital asset treasury market with a clear mission to accumulate Zcashs privacy-focused cryptocurrency, ZEC. It has already deployed 50 million from a 58.8 million private placement to acquire 203,775.27 ZEC at an average price of 245.37 per coin.

The funding round was led by Winklevoss Capital, the family office of Cameron and Tyler Winklevoss, who contributed most of the investment. Their involvement signals growing institutional support for privacy coins, a niche often viewed as risky but increasingly seen as strategic.

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