Cypherpunk expands its holdings with new $5M funding in Zcash firm, ZODL, alongside key traders together with a16z, Winklevoss Capital, Coinbase, Paradigm, Chapter One, David Friedberg, Balaji Srinivasan, and others
CAMBRIDGE, Mass., March 9, 2026 /PRNewswire/ — Cypherpunk Applied sciences Inc., (Nasdaq: CYPH) at the moment introduced the corporate has invested $5M into Zcash Open Growth Lab (ZODL) marking its first expertise funding exterior of ZEC. ZODL was based and is led by former Electrical Coin Firm (ECC) CEO Josh Swihart.
At ECC, Josh and his workforce, who’ve joined him at ZODL, launched the highest Zcash pockets, Zashi, now rebranded to Zodl. Zashi was arguably the only greatest issue answerable for placing Zcash again on the map final yr. Specifically, its easy UX allowed for the Orchard shielded pool to develop from ~1M ZEC to ~4M ZEC throughout the span of 2025.
ZODL, which now homes the Zashi pockets expertise and associated mental property, goals to make Zcash simpler to make use of with continued improvement of the pockets, in addition to supporting Zcash on the protocol degree.
The brand new funding strongly aligns with Cypherpunk’s mission of advancing applied sciences that assure privateness for all people on the web and offers its shareholders publicity to a non-public firm constructing essential privateness infrastructure on the frontier.
“True to their title, Cypherpunk is backing the builders who will put shielded ZEC within the palms of billions. We’re grateful for his or her assist and proud to companion with them in bringing non-public digital cash to the worldwide mainstream.” – Josh Swihart, CEO of ZODL
The funding in ZODL is extremely synergistic with Cypherpunk’s ZEC treasury.
“As ZODL makes Zcash simpler to make use of, we count on adoption of the protocol to develop alongside demand for ZEC.” – Cameron and Tyler Winklevoss
Swihart joined Cypherpunk in December as a strategic advisor. Cypherpunk’s present complete ZEC holdings stand at 294,743.10, at a mean value of $335.89, bringing the corporate’s complete community possession to ~1.78%.
“ZODL and Cypherpunk are the 2 most essential corporations in privateness. We’re excited to embark collectively on this mission of accelerating expertise that defends self-sovereignty and secures human freedom.” – Will McEvoy, Chief Funding Officer of Cypherpunk
About Cypherpunk
Cypherpunk Applied sciences Inc. is a privateness expertise firm implementing a digital asset treasury technique anchored by Zcash and, by means of its subsidiary Leap Therapeutics, Inc., is creating novel therapies for sufferers with most cancers. The Firm is aiming to construct long-term shareholder worth by buying ZEC, collaborating within the improvement of privateness applied sciences and Zcash, and persevering with the event of sirexatamab and FL-501 to deal with sufferers with most cancers. For extra details about the Firm, go to our web sites at http://www.cypherpunk.com and http://www.leaptx.com or view our public filings with the SEC which can be obtainable through EDGAR at http://www.sec.gov or through https://traders.leaptx.com/.
About Winklevoss Capital
Winklevoss Capital is an funding agency based in 2012 by Cameron and Tyler Winklevoss that invests in frontier applied sciences.
FORWARD-LOOKING STATEMENTS
This press launch contains forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Change Act of 1934, as amended. These forward-looking statements typically might be recognized by way of phrases similar to “anticipate,” “count on,” “plan,” “might,” “could,” “will,” “consider,” “estimate,” “forecast,” “objective,” “venture,” and different phrases of comparable that means. Ahead-looking statements handle numerous issues together with statements regarding the funding in Zcash Open Growth Lab (“ZODL”), ZEC, or digital property held or to be held by the Firm, the anticipated future market, value and liquidity of ZEC or different digital property the Firm acquires, the macro and political circumstances surrounding Zcash or digital property, the Firm’s plan for worth creation and strategic benefits, market dimension and progress alternatives, regulatory circumstances, aggressive place and the curiosity of different companies in comparable enterprise methods, technological and market tendencies, and future monetary situation and efficiency. Dangers and uncertainties of the digital asset treasury technique embrace, amongst others: (a) the chance that the Firm will fail to understand the anticipated advantages of the funding in ZODL and the digital asset treasury technique; (b) modifications in enterprise, market, monetary, political and regulatory circumstances; (c) dangers regarding the Firm’s operations and enterprise, together with the extremely unstable nature of the value of cryptocurrencies, together with ZEC; (d) the chance that the value of the Firm’s Widespread Inventory could also be extremely correlated to the value of ZEC or different digital property that it holds; (e) dangers associated to elevated competitors within the industries during which the Firm does and can function; (f) dangers regarding important authorized, industrial, regulatory and technical uncertainty relating to digital property typically; and (g) dangers regarding the remedy of crypto property for U.S. and overseas tax functions. New dangers and uncertainties could emerge every now and then, and it’s not potential to foretell all dangers and uncertainties. No representations or warranties (expressed or implied) are made concerning the accuracy of any such forward-looking statements. The Firm could not really obtain the forecasts disclosed in such forward-looking statements, and you shouldn’t place undue reliance on such forward-looking statements. Such forward-looking statements are topic to various materials dangers and uncertainties together with however not restricted to these set forth underneath the caption “Danger Components” within the Firm’s most up-to-date Annual Report on Kind 10-Okay filed with the SEC, or as could also be included in different studies or info we file with the SEC, in addition to discussions of potential dangers, uncertainties, and different essential elements in its subsequent filings with the SEC. Any forward-looking assertion speaks solely as of the date on which it was made. Neither the Firm, nor any of its associates, advisors or representatives, undertake any obligation to publicly replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case, besides as required by legislation. These forward-looking statements shouldn’t be relied upon as representing the Firm’s views as of any date subsequent to the date hereof.
CONTACT:
Douglas E. Onsi
President & Chief Government Officer
Cypherpunk Applied sciences Inc.
617-714-0360
[email protected]
For Media:
Jacqueline Ortiz Ramsay
It Issue Methods
954-294-3249
[email protected]
For Traders:
Matthew DeYoung
Investor Relations
Argot Companions
212-600-1902
[email protected]