Leah wald ascends to helm of cypherpunk holdings, charting new horizons in crypto investment

Leah Wald Ascends to Helm of Cypherpunk Holdings, Charting New Horizons in Crypto Investment

Last Updated: July 10, 2024By

Leah Wald, erstwhile co-founder and guiding force of Valkyrie Investments, has been enthroned as president and chief executive officer of the cryptocurrency investment colossus, Cypherpunk Holdings (HODL.CA).

For nearly three years, Wald has served on Cypherpunk’s board, and she now succeeds Antanas Guoga, the incumbent CEO. Guoga, meanwhile, will continue to preside as chairman, according to the company’s proclamation. “With Leah at the forefront, we are assured that Cypherpunk will persist in transcending the conceivable bounds of blockchain investment and amplify our market footprint,” Guoga articulated in the release.

During her tenure as CEO of Valkyrie, Wald orchestrated the launch of multiple funds, notably including the pioneering Nasdaq-listed bitcoin futures exchange-traded fund. Under her aegis, Valkyrie swiftly accumulated $1.3 billion in assets under management within a year of inaugurating its premier fund, the statement disclosed.

Read more: Crypto Investments Surge Amidst Easing Mt. Gox Bitcoin Pressure

Cypherpunk, domiciled in Toronto, Canada, has been vigorously channeling investments into the digital assets sphere for several years. Its diversified portfolio encompasses nearly 3 million shares of Animoca Brands and a recent acquisition of approximately $1 million worth of Solana (SOL) tokens. The firm also retains holdings in bitcoin (BTC), bitcoin mining hardware, and equity stakes in Chia Networks and NGRAVE.

This year, Cypherpunk’s shares have appreciated by roughly 5%, and the firm boasts a market capitalization of approximately C$17 million (about $12.5 million U.S. at prevailing exchange rates). Concurrently, bitcoin (BTC) has surged by approximately 34%, as per TradingView data.

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About the Author: Eunji Lim

Eunji lim

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