Leap Therapeutics Becomes Cypherpunk, Commits $50M to Zcash Treasury Strategy

TLDR: Cypherpunk invested $50M to acquire 203,775.27 ZEC, signaling a long-term privacy asset strategy shift. The firm will trade under ticker CYPH from November 13 after its Leap Therapeutics rebrand. Winklevoss Capital led the $58.88M private placement that financed Cypherpunk’s Zcash treasury move. Zcash’s zk-SNARKs technology and fixed 21M supply underpin Cypherpunk’s privacy-focused blockchain vision. [...]

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