Toronto, Ontario--(Newsfile Corp. - February 13, 2019) - Cypherpunk Holdings Inc (CSE: HODL) ("Cypherpunk" or the
"Company") is pleased to announce that Jon Matonis has joined the company as Chief Economist.
Jon Matonis is a monetary economist with a particular focus on non-political digital currencies and privacy technologies. His
career has included senior influential posts at VISA International, VeriSign, Sumitomo Bank and Hushmail. He was a founding
director of the Bitcoin Foundation.
Commenting on his appointment, Matonis said, "The financing and support of privacy technologies is more important now than
ever before in history. I am honored to join the team effort at Cypherpunk Holdings in funding those critical projects that not
only should prevail, but that must prevail."
Cypherpunk interim CEO, Marc Henderson, said, "Jon Matonis is one of the foremost intellects in the blockchain,
cryptocurrency and privacy technology sector. This appointment at such an early stage in the evolution of Cypherpunk Holdings shows
the scope of what we are looking to achieve with this company. We are delighted that Jon is onboard with that. Things are starting
to move forward, and we are very excited. We are hoping to make further announcements in the coming weeks."
Cypherpunk Holdings Inc is a Canadian-based holding vehicle set up to invest in companies, technologies and protocols, which
enhance or protect privacy, as well as freedom and trust. Its strategy is to make targeted investments in and acquisitions of
businesses and assets with strong privacy, often within the blockchain ecosystem, including select cryptocurrencies. The company
believes privacy will be an increasingly strong narrative across the technology sector going forward.
The stated mission of Cypherpunk Holdings is "to become the world's leading privacy-focused investment vehicle." More details,
and the latest company presentation, can be found at the company
website: https://cypherpunkholdings.com/.
Jon Matonis is an economist and e-Money researcher. He serves as an independent board director to companies in the Bitcoin, the
Blockchain, mobile payments, and gaming sectors. He has been a featured guest on CNN, CNBC, Bloomberg, NPR, Al Jazeera, RT, Virgin
Radio, and numerous podcasts. As a prominent fintech columnist with Forbes Magazine, American Banker, and CoinDesk, he recently
joined the editorial board for the cryptocurrency journal, Ledger. His early work on digital cash systems and financial
cryptography has been published by Dow Jones and the London School of Economics.
Matonis advocates worldwide for Bitcoin to a wide variety of audiences, including members of the Federal Reserve Bank, the Bank
of England, the European Central Bank, SWIFT, the US Department of Justice, retail payment networks, major financial institutions,
financial regulatory bodies, mobile money issuers, iGaming operators, information security firms, hedge funds, gold investors, and
family offices.
The Company has today granted a total of 900,000 options to purchase shares of the company at a price of $0.07 per share until
June 1, 2023.
Following its recent name change to Cypherpunk Holdings, the Company's common shares trade on the Canadian Securities Exchange
under the symbol "HODL". The new name references the important contribution of the Cypherpunks and the Cypherpunk Manifesto to the
development and ultimate emergence of cryptocurrencies.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any
statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified
by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases
or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".
Forward-looking information includes, but is not limited to the Company's goal of making investments in the blockchain and other
sectors and enhancing value. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or
at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time
such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied
by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should
not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs,
estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are
cautioned against attributing undue certainty to forward-looking statements.
Investor Relations Contacts:
Marc Henderson
Cypherpunk Holdings Inc.
Interim President and Chief Executive Officer
Office: 416.599.8547
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42804