{"id":513860,"date":"2025-11-13T06:54:37","date_gmt":"2025-11-13T06:54:37","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1228348"},"modified":"2025-11-13T06:54:37","modified_gmt":"2025-11-13T06:54:37","slug":"this-public-company-rebrands-and-starts-accumulating-zcash","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/11\/13\/this-public-company-rebrands-and-starts-accumulating-zcash\/","title":{"rendered":"This Public Company Rebrands and Starts Accumulating Zcash"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/ZEC-Price-Surge-Zcash-Gains-Momentum-With-Record-1.13B-in-Derivatives-Open-Interest.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul>\n<li><strong>A Nasdaq-listed biotech firm rebrands to shift its corporate focus toward a digital asset strategy centered on Zcash.<\/strong><\/li>\n<li><strong>The company begins accumulating Zcash as part of its new treasury strategy while maintaining its biotechnology operations through a subsidiary.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>Leap Therapeutics has officially <a href=\"https:\/\/www.prnewswire.com\/news-releases\/leap-therapeutics-rebrands-as-cypherpunk-expands-leadership-team-to-drive-new-zcash-treasury-strategy-302612466.html\" target=\"_blank\" rel=\"nofollow noopener\">rebranded<\/a> as Cypherpunk Technologies and immediately announced a new strategy, starting to prioritize Zcash (ZEC) as a key asset.<\/p>\n<p>This decision comes after the company secured $58.88 million in funding from a private placement led by Winklevoss Capital. Interestingly, the majority of the capital was immediately allocated to purchase more than 203,000 ZEC tokens, a surprising move for a company that initially operated in the biotech sector.<\/p>\n<h2><strong>Management Realignment Sets the Stage for Zcash Expansion<\/strong><\/h2>\n<p>Furthermore, management has also undergone an internal overhaul. Khing Oei is now the new Chairman, while Will McEvoy has been appointed Chief Investment Officer, directing the company\u2019s digital asset strategy.<\/p>\n<p>These two figures enter a period of intense momentum, as the company begins to shift its priorities toward digital asset-based treasury. However, the biotech business continues to operate through a subsidiary that retains the Leap Therapeutics name.<\/p>\n<p>So, this doesn\u2019t mean the original business has been abandoned; it just means there\u2019s a new, clearly more aggressive branch.<\/p>\n<p>On the other hand, the crypto market is indeed attracting attention, especially with the growing interest in privacy-based assets. Zcash is one of the most talked about.<\/p>\n<p>Recently, CNF reported that Arthur Hayes encouraged ZEC holders to <a href=\"https:\/\/www.crypto-news-flash.com\/zcash-price-swings-arthur-hayes-warning\/\" target=\"_blank\" rel=\"noopener\">withdraw their assets<\/a> from exchanges. This encouragement sparked widespread discussion regarding the privacy and security risks of digital assets.<\/p>\n<p>Furthermore, the amount of <a href=\"https:\/\/www.crypto-news-flash.com\/zec-price-surge-zcash-gains-momentum\/\" target=\"_blank\" rel=\"noopener\">ZEC<\/a> held in shielded pools has also surged, reaching 4.1 million tokens. This increase suggests that more users are becoming more comfortable with transactions that cannot be publicly traced.<\/p>\n<h3><strong>Technical Setup Points to Crucial Levels Before Any Recovery<\/strong><\/h3>\n<p>However, technical analysis does not always point to a smooth path. Popular crypto analyst <a href=\"https:\/\/x.com\/Degen_Hardy\/status\/1988448040815128774\" target=\"_blank\" rel=\"nofollow noopener\">Hardy<\/a> explained a bearish divergence in the ZEC momentum indicator. The price briefly printed a higher high, but the oscillator instead displayed a lower high.<\/p>\n<p>Typically, conditions like this indicate the need for a healthy correction to allow the market to breathe. Hardy believes there are two key areas that could become reaccumulation points: around $344 for daily support and around $235 for weekly support.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">To satisfy this <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ZEC<\/a> daily bearish divs, we need to come a little lower.<\/p>\n<p>Only then we will have some fuel to smash $750! <a href=\"https:\/\/t.co\/lmSte1Oqsi\">pic.twitter.com\/lmSte1Oqsi<\/a><\/p>\n<p>\u2014 Hardy (@Degen_Hardy) <a href=\"https:\/\/twitter.com\/Degen_Hardy\/status\/1988448040815128774?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 12, 2025<\/a><\/p>\n<\/blockquote>\n<p>He projects that the price may test these areas first before strengthening again. After a consolidation phase deemed sufficient, the next target is expected to be around $750.<\/p>\n<p>Interestingly, Zcash is now popular not only among analysts. Arthur Hayes revealed that <a href=\"https:\/\/www.crypto-news-flash.com\/arthur-hayes-puts-zcash-right-behind-bitcoin-in-his-portfolio\/\" target=\"_blank\" rel=\"noopener\">ZEC has become<\/a> the second-largest liquid asset in his Maelstrom portfolio, right after Bitcoin.<\/p>\n<p>Meanwhile, as of the writing time, ZEC is changing hands at about<strong> $517.19<\/strong>, up <span><strong>3.22%<\/strong><\/span> over the last 4 hours, and <span><strong>10.80%<\/strong><\/span> over the last 24 hours, with $878.13 million in daily trading volume.<\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Nasdaq-listed biotech firm rebrands to shift its corporate focus toward a digital asset strategy centered on Zcash. The company begins accumulating Zcash as part of its new treasury strategy while maintaining its biotechnology operations through a subsidiary. Leap Therapeutics has officially rebranded as Cypherpunk Technologies and immediately announced a new strategy, starting to prioritize [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":513861,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[923,25,331,1546],"class_list":{"0":"post-513860","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-altcoin","9":"tag-news","10":"tag-zcash","11":"tag-zec"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/513860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=513860"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/513860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/513861"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=513860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=513860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=513860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}