Morgan Lewis Advises Cypherpunk on Its Zcash Treasury Private Placement and At-the-Market Offering
November 12, 2025NEW YORK, November 12, 2025: Morgan Lewis advised Cypherpunk Technologies Inc. in connection with its $58.88 million private placement led by Winklevoss Capital to initiate a digital asset treasury strategy and its SEC-registered at-the-market offering of shares of its common stock with an aggregate offering amount of up to $200 million.
Cypherpunk, previously known as Leap Therapeutics, Inc., is a company developing novel therapies for patients with cancer and implementing a digital asset treasury strategy focused on Zcash. The company is aiming to build long-term shareholder value by acquiring Zcash's native coin ZEC, participating in the development of Zcash, and continuing the development of sirexatamab and FL-501 to treat patients with cancer.
The Morgan Lewis team advising Cypherpunk includes partners Julio Vega, Rahul Patel, and Randy McGeorge, with associates Maria Sasinoski, Davis Truslow, David Bionghi, Tom Turgeon, and Gordon Wilford.