Will Winklevoss Twins Successfully Takeover ZCash?

Ben Graham · Novembro 12

Zcash has a new would-be “treasurer,” but not a new ruler. Tyler and Cameron Winklevoss are backing a newly renamed public company, Cypherpunk Technologies, which has already bought about 203,775 ZEC roughly $50M worth.

The company states that it aims to hold at least 5% of Zcash’s total supply. The plan came to light this week through an SEC filing and company statements.

It follows a $58.88M private placement led mostly by Winklevoss Capital and lands at a time when ZEC is trading through sharp and unpredictable swings.

Privacy is the precondition for many of our freedoms. It’s the point at which government and corporate reach end and our individual freedoms and self-sovereignty begin. As our lives have moved online, privacy’s become a rare, vanishing commodity.

That’s why we founded Cypherpunk… https://t.co/PD38Id90pg

— Tyler Winklevoss (@tyler) November 12, 2025

The key question inside the privacy-coin community is simple: Does holding a large share of the treasury give anyone real influence over the network? Zcash’s governance model says no.

Its own filings make clear that owning tokens doesn’t translate into protocol control, which has eased some early concerns about a possible takeover.

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What Does Cypherpunk’s $50M ZEC Bet Signal for the Market?

Winklevoss echoed that privacy sits at the heart of many personal freedoms.

He wrote that it marks the point where government and corporate access ends, and where individual rights and self-sovereignty begin.

Nasdaq-listed Leap Therapeutics has changed its name to Cypherpunk Technologies (CYPH) and rolled out a digital-asset treasury plan centered on ZEC.

Zcash decisions typically proceed through formal network upgrade processes overseen by the Electric Coin Company (ECC) and the Zcash Foundation.

Community groups, including grants panels and ZIP authors, also play a central role. ZEC holders don’t get on-chain voting rights. The project’s regulatory filings and community documents clearly make that point.

Holding more coins doesn’t give anyone direct control over upgrades or governance. Large holders can shape sentiment or influence the amount of funding available, but they can’t change protocol rules solely through coin count.

Zcash Price Prediction: Can ZEC Hold Its Breakout Above $500?

ZEC has climbed sharply in recent weeks as interest in privacy-focused assets has returned and industry leaders have stepped back into the spotlight.

By early Thursday, the token had traded near $531, having moved between an intraday high of above $545 and lows close to $430.

Zcash is starting to recover on the chart the analyst shared. The price bounced from the green support zone around $480 and is now forming a rounded bottom, a pattern traders often treat as an early bullish shift.

The move above the $525–$540 range shows buyers are taking control again.

His outlook suggests a possible retest of that support level before the next leg higher, with targets in the $700–$750 zone.

A red line near $785 marks strong resistance and the level he associates with a potential push toward a new all-time high.

ZEC’s chart shows a steep vertical run that is starting to lose steam near the recent high, lining up with Crypto Tony’s view that the rally may be cooling.

The coin broke above the long-standing $300 resistance and pushed into the mid-$500 range, but the latest candles are smaller and tighter, hinting at slowing demand after a heated move.

Volatility has also increased near the top, a pattern often observed when retail traders rush in late.

The projected path on the chart indicates a pullback toward the breakout zone, with a possible retest of $300 before the market attempts to climb again.

Even with the risk of a correction, the larger trend still looks bullish, and the breakout marks a clear shift after years of downward pressure.

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