2 Feb 2022

Sol Strategies Team

Cypherpunk Holdings Announces New Investment into GOAT.IO

Toronto, Ontario—Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) has completed a strategic equity investment in GOAT.io, alongside Animoca Brands, to support the development of decentralized metaverse economies.

Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (“Cypherpunk” or the “Company”) has made a strategic equity investment in Greatest of all Time (“GOAT”), a platform developing decentralized metaverse economies. Cypherpunk acquired 176,470 ordinary shares of GOAT.io, representing 4.7% of the company’s issued shares, for CAD $251,417 (USD $200,000) as part of GOAT’s seed round, which raised CAD 2.14 million (USD $1.7 million).

Jeff Gao, President and CEO of Cypherpunk, commented, “We are thrilled to support GOAT in shaping the future of decentralized economies. GOAT’s success in growing its community to over 13,000 players in just eight weeks and its impressive annual recurring revenue (ARR) growth demonstrate its potential in the play-to-earn (P2E) gaming space. With GOAT unlocking 3.5 million in ARR and projecting an additional 3 million in the coming month, we are excited to be a co-lead investor and strategic partner alongside Animoca Brands.”

About GOAT.io:

GOAT.io is developing platforms to empower the decentralized metaverse economy, focusing on player engagement and GameFi analytics.

About Cypherpunk Holdings Inc.:

Cypherpunk Holdings invests in assets and technologies that enhance or protect privacy, particularly within the blockchain ecosystem. Its investments include Bitcoin, Ethereum, Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Animoca Brands.

Officer/Director Contact:
Jeffrey Gao
Chief Executive Officer
jeff@cypherpunkholdings.com
Office: 1-647-946-1300

Investor Relations Contact:
Veronika Oswald
Investor Relations
veronika@cypherpunkholdings.com
Office: 1-647-946-1300

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