- Cypherpunk Holdings (HODL) has acquired 176,470 shares of GOAT.IO
- GOAT is building platforms to empower the decentralised metaverse economy
- In its first 70 days, GOAT has unlocked more than $3.5 million in annual recurring revenue (ARR)
- Cypherpunk is a crypto investment company focused on blockchain technologies, the metaverse and privacy-centric cryptographic security protocols
- Shares of Cypherpunk Holdings Inc. (HODL) opened trading at C$0.125
Cypherpunk Holdings (HODL) has completed an equity investment in Greatest of all Time (GOAT).
GOAT.io is developing a platform so-called ‘metazens’ to scale their activities across decentralized metaverse economies. Since its founding, GOAT has amassed a community of 13,000 dedicated players and is growing at a rate of 3,000+ players a week.
Cypherpunk Holdings has acquired 176,470 shares of GOAT.IO representing 4.7 per cent of the issued shares for $251,417.
Cypherpunk President and CEO, Jeff Gao commented on the investment.
“We are excited to be a part of GOAT’s journey in building the future of decentralized economies. GOAT’s ability to recruit and retain top players via its play-to-earn (P2E) crypto gaming platform speaks volumes about its focus on players, on GameFi analytics and on the process of empowering one to become the greatest they can be. After 70 days of operation, GOAT has unlocked 3.5M+ in annual recurring revenue (ARR) and is on track to produce an additional 3M+ of ARR over the coming 30 days. Cypherpunk is delighted to be the co-lead investor and strategic partner to GOAT alongside Animoca Brands.”
GOAT is building platforms to empower the decentralized metaverse economy.
Cypherpunk Holdings is an actively managed crypto investment company with a focus on blockchain technologies, the metaverse and privacy-centric cryptographic security protocols. Current equity investments include Bitcoin, Ethereum, Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Animoca Brands.
Shares of Cypherpunk Holdings Inc. (HODL) opened trading at C$0.125.
