The privacy coin sector gains another major player: Cypherpunk Technologies (formerly Leap Therapeutics) has officially launched a $50 million Zcash treasury strategy, backed by a $58.88 million private placement led by Winklevoss Capital.
The company has purchased 203,775 $ZEC (worth approximately $50 million, at an average price of about $245.37), representing roughly 1.25% of the ZEC supply. Its goal is to hold at least 5% of all ZEC. The company will begin trading on Nasdaq under the new ticker CYPH on November 13.
Gemini co-founder Tyler Winklevoss wrote on X: “If Bitcoin is digital gold, Zcash is encrypted Bitcoin—that is, digital cash.” (Translated)
Source: BitRss, November 7, 2026
The company has purchased 203,775 $ZEC (worth approximately $50 million, at an average price of about $245.37), representing roughly 1.25% of the ZEC supply. Its goal is to hold at least 5% of all ZEC. The company will begin trading on Nasdaq under the new ticker CYPH on November 13.
Gemini co-founder Tyler Winklevoss wrote on X: “If Bitcoin is digital gold, Zcash is encrypted Bitcoin—that is, digital cash.” (Translated)
Source: BitRss, November 7, 2026