Cypherpunk builds Zcash treasury with Winklevoss backing

Cypherpunk, now operating under its new name, has committed to Zcash, a cryptocurrency, with the backing of long-term capital from Winklevoss Capital. This strategic move highlights Cypherpunk's dedication to Zcash and positions it as a significant player in the cryptocurrency market. The support from Winklevoss Capital is crucial for Cypherpunk's operations, allowing it to build a treasury that could enhance its influence and stability within the sector. This development is noteworthy as it reflects the growing interest and investment in cryptocurrencies, particularly in privacy-focused solutions like Zcash.