“The company is also rebranding as Cypherpunk Technologies with a ticker change to CYPH, effective Thursday.”, — write: www.coindesk.com
Alongside, the company is rebranding as Cypherpunk Technologies and will begin trading Thursday with the new ticker CYPH, read a Wednesday press release.
About the only crypto that has risen in value in the past weeks, ZEC has more than doubled since the Leap buys, up another 12.2% over the past 24 hours to $523.
LPTX shares rose 369% on Wednesday after news of the profitable investment.
Digital asset treasuries pursue a strategy to raise funds by selling equity and debt to accumulate cryptocurrencies, a playbook pioneered by Michael Saylor’s Strategy (MSTR) with bitcoin. They became ubiquitous this year with dozens of public firms announcing a pivot, but the frenzy has considerably cooled off over the past months as their share prices tumbled in many cases below the net asset value of their digital asset holdings.
“The recent weak performance of digital asset treasury companies stems from PIPEs dominated by short-term, mercenary capital,” Will McEvoy, chief investment officer of Cypherpunk said in a statement. “We’ve taken a different path by building a syndicate of value-aligned investors who believe in the long-term importance of Zcash and privacy for the United States and the world.”
Zcash is designed to offer users greater privacy than mainstream cryptocurrencies like bitcoin BTC$103,360.58. Cypherpunk’s executives viewed ZEC as a hedge against surveillance-driven financial systems.
Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.
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The new US-compliant USDsui aims to link the blockchain’s $200bn monthly stablecoin volume to Bridge’s interoperable platform.
- Sui introduces USDsui, a US-compliant, reward-bearing digital dollar built on Bridge’s Open Issuance platform
- The stablecoin will integrate across DeFi, wallets, and apps, and interoperate with stablecoins from Phantom, Hyperliquid, and MetaMask
- USDsui aims to serve as the backbone for Sui’s growing onchain economy, which handles over $200 billion in monthly stablecoin transfers
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