Cypherpunk Technologies Inc. (Nasdaq: CYPH), a privacy-focused technology company, has announced the appointment of Arjun Khemani, a prominent voice in the Zcash ecosystem, as its new Strategic Advisor. The move is part of Cypherpunk's accelerated mission to scale privacy-preserving digital infrastructure.
Khemani, known for his deep involvement with the Zcash privacy coin and his advocacy for the "philosophy of progress" movement, will provide high-level guidance on ecosystem dynamics, the philosophical drivers of privacy adoption, and long-term strategies to foster digital self-sovereignty. His appointment follows the recent addition of other notable advisors, including crypto executive Josh Swihart and Zcash founder Zooko Wilcox, solidifying Cypherpunk's position at the forefront of the privacy technology sector.
"Zcash is the machinery of freedom. I'm excited to help Cypherpunk execute toward that vision. The long promised sci-fi future of infinite frontiers will be made real by encrypted, unstoppable private money," said Arjun Khemani regarding his new role.
Will McEvoy, Chief Investment Officer of Cypherpunk, added: "Arjun brings deeply rooted convictions around privacy and an intellectually rigorous perspective to our team. His guidance will be core to our work in advancing the adoption of Zcash and accelerating privacy innovation across society."
The advisory appointment coincides with significant growth in Cypherpunk's corporate treasury, which is heavily anchored in Zcash (ZEC). As of December 30, 2025, the company holds 290,062.67 ZEC, acquired at an average price of $334.41 per ZEC. This substantial holding represents an estimated 1.76% of the total circulating Zcash supply.
This treasury expansion was initiated through a $58.88 million private placement led by Winklevoss Capital, the investment firm founded by Cameron and Tyler Winklevoss. The growing position underscores Cypherpunk's conviction in Zcash as a core, long-term asset and its strategy to provide institutional-grade exposure to privacy-preserving technologies.
Cypherpunk Technologies describes itself as a privacy technology company implementing a digital asset treasury strategy centered on Zcash. Through its subsidiary, Leap Therapeutics, Inc., it is also involved in developing novel cancer therapies. The company's stated goal is to build long-term shareholder value by acquiring ZEC, participating in Zcash's development, and advancing its therapeutic programs.
