Leah Wald, the former boss and co-founder of Valkyrie Investments, has been appointed as the new President and Chief Executive Officer of Cypherpunk Holdings (HODL.CA). This appointment comes after Wald’s successful tenure as a board member of Cypherpunk for nearly three years, showcasing her expertise in the crypto investment sector.
Antanas Guoga, the current CEO of Cypherpunk, will be transitioning to the role of Chairman while expressing confidence in Leah’s leadership. Guoga stated, “With Leah leading the way, we are confident that Cypherpunk will continue to push the boundaries of what’s possible in blockchain investing and expand our impact in the market.”
During her time as the CEO of Valkyrie, Wald played a pivotal role in launching various funds, notably the first-ever Nasdaq-listed bitcoin futures exchange-traded funds. Under her guidance, Valkyrie achieved significant success, amassing $1.3 billion of assets under management within just over a year of launching its first fund.
Cypherpunk Holdings, headquartered in Toronto, Canada, has been actively engaged in investing in the digital assets sector for several years. The company holds a diverse portfolio that includes investments in companies like Animoca Brands, Solana’s (SOL) token, bitcoin (BTC), bitcoin mining machines, and equity investments in Chia Networks and NGRAVE.
Despite challenges in the market, Cypherpunk Holdings has seen a 5% increase in its shares this year, reflecting investor confidence in the firm’s strategic direction. The company currently boasts a market capitalization of approximately C$17 million (around $12.5 million U.S. at present exchange rates).
Furthermore, the recent surge in the price of bitcoin (BTC), which climbed about 34% according to TradingView data, has positioned Cypherpunk Holdings favorably in the evolving cryptocurrency landscape.