Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment
Winklevoss Capital has reportedly committed $58 million to support Cypherpunk Technologies as the firm launches a $50 million Zcash (ZEC) treasury strategy. The funding will seed a dedicated vehicle aimed at holding ZEC on balance sheet and deploying a treasury management playbook that the company says will accelerate adoption and provide predictable liquidity for the privacy coin.
The deal is notable because it brings high-profile institutional capital to a privacy-focused asset at a time when regulators are increasingly attentive to anonymity technologies. For markets, the investment signals growing confidence from mainstream backers and could tighten ZEC’s circulating supply, but it also raises questions about compliance and transparency as custodians and treasury managers navigate evolving rules. Watch for updates on custody arrangements, disclosures, and how the treasury intends to steward ZEC in volatile markets.