Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi.
Cypherpunk announced the news in a Nov. 21 press release, specifying that it thus acquired a 4.5% stake in zkSnacks. With the acquisition, Cypherpunk’s chief investment officer Moe Adham became a member of zkSnacks' board of directors. Cypherpunk’s president and CEO, Dominic Frisby, said: