Leah Wald, co-founder of Valkyrie Investments, has been appointed the new President and CEO of crypto investment company Cypherpunk Holdings (HODL.CA).
I’m excited to announce my new role as CEO of @Cypherpunk Holdings Inc ($HODL), the first North American publicly traded company that provided exposure to Bitcoin way back in 2018. I’m excited to take everything I’ve learned over the past 7 years in the digital asset management…
— Leah Wald (@LeahWald) July 9, 2024
Wald has been a board member of Cypherpunk for nearly three years. She will take over the new role from current CEO Antanas Guoga, who will continue as the company’s Chairman. The statement said:
“Under Leah’s leadership, we believe Cypherpunk will surpass its limits in blockchain investment and expand its market impact.”
Before joining Cypherpunk, Leah Wald was Valkyrie’s CEO, overseeing several fund launches, including the first Bitcoin futures ETFs listed on Nasdaq. Under her leadership, Valkyrie amassed $1.3 billion in assets under management (AUM) in just over a year.
Based in Toronto, Canada, Cypherpunk has been actively investing in the digital asset space for the past few years. Notable investments include nearly 3 million shares of Animoca Brands and a recent purchase of $1 million worth of Solana (SOL) tokens. Additionally, the company holds a significant amount of Bitcoin (BTC), Bitcoin mining equipment, and investments in Chia Network and NGRAVE.
Cypherpunk’s stock surged over 20% following today’s announcement. The stock has risen about 5% yearly, with a market capitalization of approximately $12.5 million at the current exchange rate.
