Cypherpunk Tech Goes All-In: Doubles Down With $50M Zcash Bet as Privacy Coins Surge
Privacy just got a $50 million vote of confidence—and Wall Street's compliance officers are sweating.
Cypherpunk Technologies shocks markets by doubling its Zcash position, signaling a bullish endgame for privacy coins. The move comes as institutional players quietly accumulate off-radar assets—while publicly pretending to care about KYC.
Key Takeaways:
- The $50M purchase marks one of the largest single allocations to privacy tech since Monero's 2021 ETF flirtation
- Zcash's zk-SNARKs now battle-tested by three bear cycles—and still standing
- TradFi response? A fresh wave of 'anonymous tokens are for criminals' op-eds from banks currently settling fraud cases
This isn't just a trade—it's a statement. As surveillance economies tighten, Cypherpunk's play reveals what crypto veterans already know: financial privacy isn't a niche. It's the next battleground.
(Bonus jab: Meanwhile, your financial advisor still thinks 'ZEC' is a typo for 'ZEE.')
Cypherpunk Technologies ($LPTX) has revealed it purchased 203,775 Zcash ($ZEC) for a total of $50 million. The investment has since more than doubled in value, leaving the company with an unrealized gain of $54 million. The move highlights growing institutional interest in privacy-focused cryptocurrencies like Zcash, as firms seek diversified exposure beyond Bitcoin and Ethereum.