ZEC +9.28% in 24 Hours Amid Privacy-Focused Treasury Launch

On NOV 15 2025, ZEC rose by 9.28% within 24 hours to reach $674.47, ZEC rose by 27.39% within 7 days, rose by 64.4% within 1 month, and rose by 1082.19% within 1 year.

Cypherpunk Technologies, previously Leap Therapeutics, has taken a major step in redefining its business strategy by establishing a $50 million Zcash (ZEC) treasury. The company acquired 203,775 ZEC coins at an average price of $245.37, representing approximately 1.25% of the total supply. The initiative is backed by a $58.88 million private placement led by Winklevoss Capital. The firm aims to continue accumulating ZEC until it owns at least 5% of the total supply, signaling a long-term commitment to the privacy-focused cryptocurrency.

Douglas E. Onsi, CEO of Cypherpunk Technologies, emphasized that the treasury is a strategic move to create long-term shareholder value by supporting Zcash’s growth and development. The company is set to begin trading on Nasdaq under the ticker symbol CYPH, with its biotech division continuing to operate under the Leap Therapeutics name. This shift underlines a broader industry movement toward digital assets, particularly in response to growing demand for privacy-oriented blockchain solutions.

Tyler Winklevoss, co-founder of Gemini, described Zcash as “encrypted bitcoin,” highlighting its privacy features as a complement to Bitcoin’s transparent nature. He noted that Zcash’s role could expand significantly in the coming years, especially as digital transactions and AI applications become more prevalent.