Winklevoss Capital Leads Financing For First Ever Zcash Treasury Company

Cameron and Tyler Winklevoss were early believers in Bitcoin. And now they’re behind a company on the Nasdaq going all in on a different digital asset: Zcash.

What’s happening:

• Leap Therapeutics (NASDAQ: LPTX) has raised $58.8M USD in a new equity financing round to accumulate Zcash to hold directly as an asset
  
• The new funding round was led by Gemini Space Station (NASDAQ: GEMI) founders Cameron and Tyler Winklevoss’ family office Winklevoss Capital
  

Why it matters:‍

• This is the first publicly traded company in North America to raise capital for the sole purpose of acquiring Zcash
  

Going deeper:‍

• Zcash has been one of the best performing digital assets lately, with many notable investors including AngelList founder Naval Ravikant and BitMEX founder Arthur Hayes beginning to become publicly outspoken about Zcash’s importance for private transactions