Zcash (ZEC) Price: Jumps 6% After Winklevoss Announces $100M Treasury Purchase

14-Nov-2025 CoinCentral

TLDR

  • Zcash (ZEC) increased 6-7% to over $500 after Tyler Winklevoss announced the creation of Cypherpunk Technologies, a Digital Asset Treasury focused on building a corporate treasury with ZEC
  • Cypherpunk Technologies has acquired 203,775 ZEC worth approximately $100 million and plans to expand holdings to at least 5% of total Zcash supply
  • The treasury emerged from the rebranding of Leap Therapeutics, backed by Winklevoss Capital with $58.9 million, and will trade under ticker CYPH
  • Zcash Network Upgrade 6.1 is scheduled to launch on November 23, 2025, requiring wallet updates for compatibility
  • ZEC has gained over 1,100% year-to-date, becoming the 26th largest cryptocurrency with a market cap near $8.8 billion

Zcash moved higher on November 13, 2025, climbing 6% to break above the $500 level. The price increase came after Tyler Winklevoss announced the launch of Cypherpunk Technologies.

Zcash (ZEC) Price
Zcash (ZEC) Price

The new firm represents a Digital Asset Treasury focused on building a corporate treasury using ZEC. Cypherpunk Technologies has already purchased 203,775 ZEC tokens.

The acquisition is valued at approximately $100 million at current prices. The company plans to expand its position further in the coming months.

Winklevoss stated the goal is to hold at least 5% of the total Zcash supply. This would represent one of the largest institutional positions in the privacy coin.

The treasury company emerged from the rebranding of Leap Therapeutics. Winklevoss Capital backed the transformation with $58.9 million in funding.

New Treasury Structure

The firm will operate under the ticker symbol CYPH. This follows the model of other corporate treasuries that hold digital assets.

Winklevoss has positioned the strategy as using ZEC as a privacy hedge against Bitcoin. He referred to Zcash as “encrypted bitcoin” in recent statements.

The Gemini founder stressed the importance of privacy and self-sovereignty in digital assets. He suggested Zcash could capture market share from Bitcoin over time.

Network Development Continues

While the price moved higher, Zcash developers announced Network Upgrade 6.1. The upgrade is scheduled to launch on November 23, 2025.

Users will need to update their wallets for compatibility with the new network version. Developers were advised that app store review processes might take longer during the holiday season.

Electric Coin Company and Gemini have enabled Zcash withdrawals to the Orchard shielded pool. This allows users to access enhanced privacy features on the network.

The price movement occurred while the broader crypto market fell 1.7%. This made Zcash’s performance stand out among major cryptocurrencies.

ZEC has gained more than 1,100% for the year. The rally began in September and has continued through November.

The token is now the 26th largest cryptocurrency by market cap. Its valuation stands at nearly $8.8 billion as of November 14, 2025.

The year-to-date gains have been driven by increased interest in privacy-focused assets. There has also been rotation into tokens that had been overlooked in previous rallies.

The post Zcash (ZEC) Price: Jumps 6% After Winklevoss Announces $100M Treasury Purchase appeared first on CoinCentral.

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