Zcash Outpaces Bitcoin Gains as Key Development Team Raises $25 Million [Yahoo! Finance]
Cypherpunk Technologies Inc. (CYPH)
Company Research
Source: Yahoo! Finance
Privacy coin Zcash is one of the biggest crypto gainers over the past day, rising 7% and outpacing Bitcoin 's own rebound as a key team of core developers just raised a Series A round of funding for their fresh venture. Zcash Open Development Lab (ZODL) said Monday that it has raised over $25 million in funding from a prominent group of investors including Paradigm, Andreessen Horowitz, Winklevoss Capital, Coinbase Ventures, Zcash treasury firm Cypherpunk Technologies, and notable angel investors including Balaji Srinivasan, Haseeb Qureshi, and Mert Mumtaz. Founded by Josh Swihart, former CEO of Electric Coin Company (ECC), ZODL continues the work begun at ECC, including development of the Zodl wallet (formerly Zashi). Since launching in 2024, the wallet has grown Zcash's shielded pool by over 400%, according to the team, and processed more than $600 million in ZEC swaps since October 2025. The full ECC team departed that company in January and has since migrated to ZODL to con
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CYPH
News
- Cypherpunk Reports Full Year 2025 Financial ResultsPR Newswire
- Cypherpunk Makes $5M Investment into Zcash Open Development Lab (ZODL)PR Newswire
- Cypherpunk Makes $5M Investment into Zcash Open Development Lab (ZODL)PR Newswire
- Cypherpunk Makes $5M Investment into Zcash Open Development Lab (ZODL)PR Newswire
- Cypherpunk Adds Arjun Khemani as Strategic AdvisorPR Newswire
CYPH
Sec Filings
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- CYPH's page on the SEC website