Coinspeaker

Nov 12, 2025

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Cypherpunk Technologies Acquires 203,775 ZEC in $58.88M Strategy Shift

On Nov. 12, Leap Therapeutics rebranded to Cypherpunk Technologies Inc., now focusing on a digital asset strategy by accumulating ZEC, linked to the Zcash network.

Cypherpunk Technologies' Crypto Asset Strategy

• Cypherpunk holds 203,775.27 ZEC, acquired at an average of $245 per token.
• The project capital comes from a $58.88 million private placement led by Winklevoss Capital.
• Trading under the new ticker symbol CYPH begins on Nov. 13.
• Zcash uses zero-knowledge proofs for transaction privacy, unlike Bitcoin's transparent ledger.

Increasing Adoption of Crypto Treasuries

• More firms are adding crypto to their balance sheets, inspired by Michael Saylor's Bitcoin strategy.
• BitMine Immersion Technologies has over 3.5 million ETH, becoming the largest corporate holder by market cap.
• CEA Industries reports digital asset and cash holdings valued at $663 million, including BNB as part of its corporate treasury.