Gemini will cut up to 200 jobs and withdraw from Europe and Australia, concentrating operations in the U.S. and Singapore as part of a cost-cutting plan.
Winklevoss-backed Cypherpunk increased its Zcash (ZEC) holdings to about $150 million after making an $18 million purchase, the firm reported on Nov. 19, 2025. The move is being watched as a sign of institutional interest in privacy tokens.
Zcash (ZEC) rose about 6% to trade above $500 after Tyler Winklevoss announced Cypherpunk Technologies, a new Digital Asset Treasury, and disclosed roughly $100 million in ZEC holdings. Markets reacted to the prospect of sizable, concentrated corporate demand for the privacy coin.
Tyler Winklevoss has launched Cypherpunk with over $50 million from Winklevoss Capital to build a Zcash treasury, citing privacy and self‑sovereignty goals; the firm says it already holds 203,775 ZEC. The move highlights growing institutional interest in privacy-focused crypto assets amid regulatory scrutiny.
Tyler Winklevoss's new firm Cypherpunk has secured over $50 million from Winklevoss Capital to build a Zcash treasury and currently owns about 203,775 ZEC.
Winklevoss Capital has backed Cypherpunk Technologies’ new Zcash treasury plan, with a reported $58 million commitment tied to a $50 million ZEC treasury vehicle. The move underscores renewed institutional interest in privacy-focused crypto amid a broader market rebound.
Tyler Winklevoss reiterated his $1,000,000 Bitcoin target within five years and launched Cypherpunk, a privacy-focused investment firm. Cypherpunk revealed a purchase of 203,775 ZEC at $245 each—about 1.25% of Zcash's supply—with plans to raise that to 5%.
Leap Therapeutics (LPTX) jumped about 300% after disclosing a $50 million purchase of Zcash (ZEC) at roughly $454.92 per coin, following a $58.9 million raise led by Winklevoss Capital. The former biotech has completed a rapid pivot to a digital treasury strategy.
Leap Therapeutics shares jumped about 170% on Nov. 12 after the company announced a pivot to a crypto-focused strategy and a $50 million purchase of Zcash (ZEC). The transaction is reportedly backed by Winklevoss Capital.
Leap Therapeutics announced a rebrand to Cypherpunk Technologies Inc. and purchased 203,775 Zcash (ZEC) for its corporate treasury, saying the move is backed by a Winklevoss investment. The company says it will merge its biotech operations with a new digital-assets strategy.