Tokenized Cypherpunk Technologies ($CYPH) Now Available on Solana

Backpack expands its tokenized stock lineup on Solana with Cypherpunk Technologies ($CYPH). Each $CYPH token is tradable 24/7 and redeemable 1:1 for a traditional share of Cypherpunk Technologies (Nasdaq: CYPH) through Backpack Securities.

Token details

About Cypherpunk Technologies

Cypherpunk Technologies Inc. (Nasdaq: CYPH) is a privacy technology company based in Cambridge, Massachusetts. It works along two tracks: building a treasury of Zcash (ZEC), and investing in or acquiring companies working on privacy technology. The company took its current name and the CYPH ticker in November 2025, having previously traded as the biotechnology firm Leap Therapeutics, which continues as a subsidiary developing cancer therapies. In August 2026 it added Cypherpunk Mining, a Zcash mining operation set up through a transaction with Winklevoss Capital.

Moving between $CYPH and traditional CYPH shares

$CYPH and traditional Cypherpunk Technologies Inc. (Nasdaq: CYPH) shares are convertible 1:1 through Backpack Exchange. The flow works the same way as depositing or withdrawing a stablecoin.

Withdraw a share of Cypherpunk Technologies from Backpack Exchange to tokenize it into $CYPH on Solana.

Deposit $CYPH from a Solana wallet to Backpack Exchange to convert it back into the underlying CYPH share held in Backpack Securities.

How to trade $CYPH

You can trade Backpack-issued $CYPH on Solana using Backpack Wallet.

$CYPH is also accessible across the Solana ecosystem, including decentralized exchanges, aggregators, wallets, and apps such as Backpack, fomo, Titan, Jupiter, Phantom, Solflare, Raydium, Kamino, and others.

Unlike most tokenized stocks that only track a price, tokenized securities issued by Backpack, including $CYPH, are:

• Redeemable 1:1 for real underlying shares
• Transferable to traditional brokerages