Winklevoss-backed Cypherpunk buys $28 million of zcash, now owns 1.7% of supply

Cypherpunk Holdings, backed by the Winklevoss twins, has acquired $28 million worth of Zcash, increasing its holdings to 1.7% of the total supply. This purchase is part of Cypherpunk's strategy to invest in privacy-focused cryptocurrencies. The acquisition highlights the growing interest in Zcash, especially among institutional investors. The move aligns with Cypherpunk's mission to support and promote privacy-enhancing technologies in the crypto space.

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