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Kyle Baird

Cypherpunk Technologies Acquires 203,775 ZEC for $50 Million Following $58.9 Million Winklevoss Capital Investment

Cypherpunk Technologies purchased 203,775 ZEC tokens valued at approximately $50 million, according to a company statement released Wednesday. The acquisition followed a $58.9 million capital injection from Winklevoss Capital. The firm, formerly Leap Therapeutics, acquired the tokens at an average price of $245 per coin and aims to accumulate at least 5% of Zcash's maximum 21 million token supply.
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