🟢 CYPH is trading 7.1% up today, tracking a surge in Zcash as SEC drops probe

CYPH is trading at $1.36 (7.1% up), extending its recent gains as its primary treasury asset, Zcash (ZEC), surged past $660 following the SEC closing its multi-year investigation into the Zcash Foundation without enforcement action.

• Cypherpunk Technologies operates a digital asset treasury holding 314,185 ZEC (valued at over $200 million), making its stock price highly sensitive to Zcash's performance.
• The SEC's decision to drop the probe lifted a major regulatory overhang, sending ZEC up over 15% today and driving CYPH's multi-day rally.