{"id":91009,"date":"2025-11-13T19:00:29","date_gmt":"2025-11-13T16:00:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91009"},"modified":"2025-11-13T19:09:33","modified_gmt":"2025-11-13T16:09:33","slug":"winklevoss-brothers-launch-zcash-treasury","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/winklevoss-brothers-launch-zcash-treasury\/","title":{"rendered":"Winklevoss Brothers Launch Zcash Treasury"},"content":{"rendered":"<p>The Winklevoss brothers&#8217; fund, Winklevoss Capital, has invested over $50 million in Cypherpunk, a company focused on accumulating the privacy cryptocurrency <a href=\"https:\/\/forklog.com\/en\/news\/what-is-zcash-zec\">Zcash<\/a> (ZEC).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Privacy is the precondition for many of our freedoms. It\u2019s the point at which government and corporate reach end and our individual freedoms and self-sovereignty begin. As our lives have moved online, privacy\u2019s become a rare, vanishing commodity.<\/p>\n<p>That\u2019s why we founded Cypherpunk\u2026 <a href=\"https:\/\/t.co\/PD38Id90pg\">https:\/\/t.co\/PD38Id90pg<\/a><\/p>\n<p>\u2014 Tyler Winklevoss (@tyler) <a href=\"https:\/\/twitter.com\/tyler\/status\/1988609730646778061?ref_src=twsrc%5Etfw\">November 12, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Privacy is a prerequisite for many of our freedoms. It marks the boundary where government and corporate power ends, and personal freedoms and sovereignty begin. As our lives have moved online, privacy has become a rare, disappearing commodity. That\u2019s why we founded Cypherpunk,&#8221; wrote Tyler Winklevoss in the announcement post.<\/p>\n<\/blockquote>\n<p>The firm has already begun accumulating ZEC at a &#8220;significant discount compared to the true long-term value&#8221; of the asset. At launch, its balance was 203,775 ZEC (~1.25% of the total supply).<\/p>\n<p>The coins were purchased at an average price of ~$245, using all initial investments from Winklevoss Capital.<\/p>\n<p>Cypherpunk plans to rapidly acquire ZEC and increase the total treasury to 5% of the entire supply \u2014 approximately 819,000 tokens.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Since Zcash launched nine years ago, we have observed its quite symbiotic relationship with the first cryptocurrency. Zcash is a fork of Bitcoin, so they share the same tokenomics: both have a fixed supply of 21 million coins. If BTC is digital gold, then ZEC is encrypted Bitcoin or digital cash,&#8221; noted Tyler.<\/p>\n<\/blockquote>\n<p>At the time of writing, Cypherpunk is traded on Nasdaq under the ticker LPTX, but will soon receive a new one \u2014 CYPH. According to <a href=\"https:\/\/www.marketwatch.com\/investing\/stock\/lptx\">MarketWatch<\/a>, the company was previously known as Leap Therapeutics Inc and was involved in biopharmaceuticals.<\/p>\n<p>It is likely that the firm has become one of the <span data-descr=\"special-purpose acquisition company \u2014 a specialized company for targeted mergers and acquisitions\" class=\"old_tooltip\">SPAC<\/span> vehicles for simplified market entry through acquisition. This tactic has been used by several <a href=\"https:\/\/forklog.com\/en\/news\/trump-firm-executives-establish-spac-to-acquire-cryptocurrency-companies\">organizations affiliated with Donald Trump<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/tron-inc-seeks-1-billion-for-trx-investments\">Tron Inc<\/a>, cloud mining service provider <a href=\"https:\/\/forklog.com\/en\/news\/bitfufu-lists-on-nasdaq-via-spac-merger\">BitFuFu<\/a>, and many others.<\/p>\n<p>Following the announcement of the Zcash accumulation, Cypherpunk&#8217;s stock prices surged by 368% during the last trading session.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-ebe2aa246a0d9676-9439746185417470.webp\" alt=\"image\" class=\"wp-image-269684\"\/><figcaption class=\"wp-element-caption\">Source: MarketWatch.<\/figcaption><\/figure>\n<p>In the remainder of the post, Tyler Winklevoss described the advantages of ZEC&#8217;s privacy. Towards the end, he predicted Bitcoin&#8217;s price could reach $1 million in the next five to ten years, with parallel success for Zcash.<\/p>\n<p>Earlier, amid a 1500% surge in the anonymous coin over two months, analysts <a href=\"https:\/\/forklog.com\/en\/news\/analysts-warn-zcash-could-plunge-after-a-1500-surge\">suggested<\/a> a potential price collapse.<\/p>\n<p>BitMEX co-founder Arthur Hayes <a href=\"https:\/\/forklog.com\/en\/news\/arthur-hayes-urges-zcash-holders-to-pull-assets-off-centralized-exchanges\">urged<\/a> against storing ZEC on centralized exchanges in favor of non-custodial storage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Winklevoss brothers&#8217; fund, Winklevoss Capital, has invested over $50 million in Cypherpunk, a company focused on accumulating the privacy cryptocurrency Zcash (ZEC).<\/p>\n","protected":false},"author":1,"featured_media":91010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Winklevoss Capital invests over $50 million in Cypherpunk to accumulate Zcash (ZEC).","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1473,1140,202],"class_list":["post-91009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-reserve-currencies","tag-winklevoss-twins","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"294","promo_type":"1","layout_type":"1","short_excerpt":"Winklevoss Capital invests over $50 million in Cypherpunk to accumulate Zcash (ZEC).","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91009"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91009\/revisions"}],"predecessor-version":[{"id":91011,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91009\/revisions\/91011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91010"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}