- Jeffrey Gao has been appointed President and Chief Executive Officer of Cypherpunk Holdings
- Tony Guoga, currently the Chief Executive Officer, has been appointed Executive Chairman
- Cypherpunk Holdings Inc. is a Canadian-based holding company that invests in blockchain technologies and cryptocurrencies
- Cypherpunk Holdings Inc. (HODL) is up 6.67 per cent, trading at C$0.24 per share at 3:15 pm ET
Cypherpunk Holdings (HODL) is pleased to announce that Jeffrey Gao has been appointed President and Chief Executive Officer of the company.
Tony Guoga, currently the Chief Executive Officer, has been appointed Executive Chairman.
These changes are effective on November 7, 2021.
Tony Guoga commented on Jeffrey’s appointment.
“Jeffrey is the right person to lead Cypherpunk into the future, given his strong command of our business and already bringing lots of value as a member of the Investment Committee. We are on a positive growth trajectory and are well-positioned to build on our strong momentum. I am pleased and proud that Jeffrey will lead our company and I am excited to work with him along with our entire leadership team to ensure a seamless transition toward Cypherpunk’s next phase of growth.”
Moe Adham, Director and Chief Investment Officer added,
“Jeffrey has the leadership track record and breadth of business experience we believe are critical to lead Cypherpunk. He has a strong focus on leading with innovation, is committed to our core values and focused on delivering value to our shareholders. Speaking on behalf of the board, we look forward to working closely with Jeffrey as Chief Executive Officer.”
As Executive Chairman, Tony Guoga will continue to be actively involved in the business. He will chair the Board of Directors, and be involved in the shaping of the company’s long-term strategy. He will also continue to represent Cypherpunk around the world with key players in the cryptocurrency sector and continue as our brand ambassador.
Our incoming CEO, Jeffrey Gao, stated,
“I was brought on by Tony earlier this year to serve as a member of Cypherpunk’s Investment Committee. That feels almost a lifetime ago. I cannot ask for a better group of like-minded friends and colleagues to work with and serve alongside. I am truly humbled by the appointment and honored to lead our growing company as its Chief Executive Officer,” said Jeffrey. “There is much we can do for our loyal shareholders – Cypherpunk has a diverse mix of some of the most exceptional and talented individuals in our industry and I look forward to working closely with our entire team to create value for our shareholders.”
Cypherpunk confirmed there is no change to the business outlook.
Cypherpunk invests in companies and technologies that enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy, often within the blockchain ecosystem, including select cryptocurrencies.
Current equity investments include Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Animoca.
Cypherpunk Holdings Inc. (HODL) is up 6.67 per cent, trading at C$0.24 per share at 3:15 pm ET.
