Zcash Falls 33% Following Leap Therapeutics' $50 Million ZEC Treasury Deployment

Nasdaq-listed Leap Therapeutics has rebranded as Cypherpunk Technologies and deployed $50 million to acquire 203,775.27 ZEC at an average price of $245.37, according to a company disclosure. The company will begin trading under the ticker CYPH on November 13, 2025. ZEC has declined 33% over two days from its $713 peak, despite the acquisition representing a 93% unrealized gain.