Cypherpunk Launches $50M Zcash Treasury Backed by Tyler Winklevoss

Published at 2025-11-13 11:45:12

Tyler Winklevoss, co-founder of Gemini, has launched Cypherpunk with more than $50 million of capital from Winklevoss Capital earmarked to buy Zcash (ZEC) and hold it as a privacy-focused treasury asset. The firm currently owns roughly 203,775 ZEC, positioning the new vehicle as a significant holder of the privacy coin.

The move is one of the clearer institutional endorsements of a privacy token and could boost liquidity and market confidence in ZEC while drawing renewed attention from regulators and exchanges. Market participants will be watching on-chain flows and price action; the backing from Winklevoss Capital may also prompt other funds and projects to consider structured crypto treasuries or renewed support for privacy-preserving assets.

Share on:

Related news

ARQ Raises $70M from Sequoia and Founders Fund to Expand Stablecoin Finance

ARQ — formerly DolarApp — has closed a $70 million funding round led by Sequoia and Founders Fund to scale stablecoin-based wealth management and credit services across Latin America.

Ray Dalio: 'There Is Only One Gold' — Bitcoin Falls Short as Safe Haven

Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.

Published at 2026-03-04 00:45:31
Steak ‘n Shake Adds 21¢/Hour Bitcoin Bonus for Hourly Staff

Steak ‘n Shake will pay hourly employees a 21¢-per-hour Bitcoin bonus and contribute $1,000 per child to savings, part of a broader push to embed crypto in compensation and treasury operations.

Vitalik Buterin: DeFi Still Core to Ethereum’s Vision

Vitalik Buterin reiterated that decentralized finance remains central to Ethereum, stressing robust security, stronger privacy protections, and a user-first financial experience as priorities for ongoing development.

Published at 2026-02-24 20:31:00
Treasury: Australian Sold U.S.-Built Cyber Tools to Russian Firm Operation Zero

The U.S. Treasury alleges an Australian citizen sold cyber tools originally developed for the U.S. government and its allies to a Russian firm known as Operation Zero. The agency also flagged millions tied to crypto-related tools exploiting U.S. software, raising national security and sanctions concerns.