Leah Wald Appointed as President and CEO of Cypherpunk Holdings

Leah Wald, the former boss and co-founder of Valkyrie Investments, has been named as the new president and chief executive officer of crypto investment firm Cypherpunk Holdings (HODL.CA).

Wald, who has served as a board member of Cypherpunk for almost three years, is set to take over from current CEO Antanas Guoga, as announced by the company. Guoga will continue in his role as the firm’s chairman, according to the statement.

“With Leah at the helm, we are confident that Cypherpunk will continue to push the boundaries of blockchain investing and expand our presence in the market,” stated Guoga.

During her tenure as CEO of Valkyrie, Wald led the launch of several funds, including the first-ever Nasdaq-listed bitcoin futures exchange-traded funds. Under her guidance, Valkyrie achieved $1.3 billion of assets under management (AUM) within just over a year of the inception of its initial fund, the statement highlighted.

Cypherpunk, headquartered in Toronto, Canada, has been actively involved in digital asset investments for several years and holds various investments, including nearly 3 million shares of Animoca Brands. The firm recently acquired approximately $1 million worth of Solana’s (SOL) token and holds bitcoin (BTC), bitcoin mining machines, as well as equity investments in Chia Networks and NGRAVE.

The shares of Cypherpunk have seen a 5% increase in value this year, with a market capitalization of around C$17 million (approximately $12.5 million U.S. at current exchange rates), while Bitcoin (BTC) prices have risen by about 34%, according to data from TradingView.