Derived from Crypto.News, Cypherpunk Technologies has rebranded and deployed $50 million to acquire 203,775 Zcash (ZEC) tokens, backed by a $58.88 million private placement led by Winklevoss Capital. The firm, formerly known as Leap Therapeutics, has appointed Winklevoss Capital principal Will McEvoy as Chief Investment Officer and Khing Oei as Chairman. ZEC has surged over 1,000% this year, trading at around $477, valuing Cypherpunk’s holdings at approximately $97 million.
Cypherpunk Acquires 203,775 ZEC with $58.88M Winklevoss Capital Investment
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