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NASDAQ:LPTX 13 November 2025 - 10 December 2025

Cypherpunk Technologies (CYPH) Stock: Zcash Treasury Pivot, Winklevoss Backing and 2026 Forecast Explained

Cypherpunk Technologies (CYPH) Stock: Zcash Treasury Pivot, Winklevoss Backing and 2026 Forecast Explained

Cypherpunk Technologies Inc. (NASDAQ: CYPH), formerly Leap Therapeutics, closed at $1.62 on December 9, 2025, up nearly 40% after pivoting from biotech to a Zcash-focused treasury strategy backed by Winklevoss Capital. The stock has seen trading halts, insider sales, and sharp volatility since the rebrand and $58.88 million private placement in October.
Cypherpunk Technologies (LPTX → CYPH) Soars on Winklevoss‑Backed $50M Zcash Bet as Ticker Changes Today

Cypherpunk Technologies (LPTX → CYPH) Soars on Winklevoss‑Backed $50M Zcash Bet as Ticker Changes Today

Leap Therapeutics rebranded as Cypherpunk Technologies Inc. and changed its Nasdaq ticker from LPTX to CYPH on November 13, 2025. The company raised $58.88 million in a private placement led by Winklevoss Capital and spent $50 million buying 203,775 Zcash. Shares surged up to 440% after the announcement, with LPTX trading near $2.05 and ZEC at $502 early Thursday. Q3 results show a sharply reduced net loss as biotech spending falls.
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