#zcash $BTC $ETH Cypherpunk Technologies Inc. announced Tuesday that Zooko Wilcox, founder of prominent privacy coin Zcash and former CEO of Electric Coin Company, has joined the Zcash treasury firm as a strategic advisor.

The move preceded a sizable surge in Cypherpunk’s stock price Tuesday, all while Zcash itself continues to rebound after a recent sell-off. Cypherpunk said in a press release that Wilcox will guide the company's development of self-sovereign digital systems focused on privacy and freedom.

Cypherpunk kicked off its Zcash embrace in November, following the lead of other crypto treasury firms like Bitcoin giant Strategy (with $61 billion in BTC) and top Ethereum firm BitMine Immersion Technologies (with nearly $13 billion in ETH).