Winklevoss Twins Launch $100M Zcash DAT, Targeting 5% of ZEC Supply

[madmax]

The Winklevoss twins have launched Cypherpunk, a new digital asset treasury (DAT) accumulating Zcash (ZEC). The fund has raised $100 million and already holds 233,644 ZEC, aiming to acquire up to 5% of Zcash’s circulating supply. The twins say rising AI surveillance risks have renewed demand for privacy coins. “Bitcoin is where you store value; Zcash is where you spend it,” Tyler Winklevoss said, adding that privacy protocols are reaching a major industry “inflection point.”

[Nahid Hossen]

That’s a massive commitment to privacy tech.

[Abdul Khan]

Buying 5% supply is no small move — bullish signal.