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Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M
Yahoo Finance· 2025-11-19 23:34
Cypherpunk Technologies (CYPH), a digital-asset treasury firm backed by Gemini founders Cameron and Tyler Winklevoss, said it added $18 million worth of Zcash (ZEC) to its balance sheet. The firm disclosed it purchased 29,869 tokens at an average price of $602.63, boosting its total holdings to 233,644 ZEC, currently worth roughly $150 million. The purchase followed the firm's initial $50 million investment . Together, the firm now controls about 1.43% of Zcash’s total circulating supply. Cypherpunk has ...