3 Mar 2021

Sol Strategies Team

Cypherpunk Holdings Inc. Announces Investment into IP Address Sector

Toronto, Ontario--(Newsfile Corp. - March 3, 2021) - Cypherpunk Holdings Inc. (CSE: HODL) ("Cypherpunk" or the "Company"), a sector leader for privacy-technology investments, is pleased to announce that it has formally engaged Heficed (part of Digital Energy Technologies Ltd) to procure at least 16,384 IPv4 addresses. The acquired IP addresses will become a long-term asset of the Company and will be leased out via the market-leading IPXO Ltd. platform, allowing the Company to book operating income.

Heficed is a service provider owned by Digital Energy Technologies Ltd, based and operating in the UK and Lithuania since 2009. Heficed clients range from large enterprises to start-ups. The CEO of Heficed, Vincentas Grinius, notes: "The prices of IP addresses have drastically increased in the last year, they are up by 35%. A single IP address costs between $20-$25. Due to the demand and limit on supply, we think this trend will continue and prices will be rising. One of the biggest buyers is the largest e-commerce platform in the world. They purchased 20 million IP addresses in 2019 and another 8 million in 2020." Heficed has been engaged on March 2, 2021, for an initial period of no less than 24 months.

Cypherpunk Holdings has been closely monitoring this space as the Internet of Things (IoT) continues to expand. IP addresses are widely used in privacy technologies such as Virtual Private Networks (VPNs) and various cybersecurity applications. The Company aims to lease the acquired addresses via the IPXO platform, which is a unique IP lease and monetization marketplace designed to address the IPv4 shortage.

Tony Guoga, the CEO of the Company, commented: “When the internet was first created, it was set to just over 4 billion IPv4 addresses. Today, the world has run out of them, and they have been allocated to a very small number of large technology companies or internet service providers. Although a new version called IPv6 has been created, its adoption rate has been extremely slow. Much like Bitcoin, the supply of IPv4 addresses is limited, making this a very compelling investment with the potential for a healthy return.”

IPv4 uses a 32-bit address, allowing for 4.3 billion unique addresses. In contrast, IPv6 uses a 128-bit address, providing an immensely higher number of unique address combinations. For global organizations, transitioning from IPv4 to IPv6 is a solution. However, this transition is challenging as less than 30% of all internet-connected networks support IPv6 connectivity, requiring organizations to run both IPv4 and IPv6 simultaneously, which is both slow and costly.

About Cypherpunk Holdings Inc.

Cypherpunk is a company set up to invest in companies, technologies, and protocols that enhance or protect privacy. Its strategy involves making targeted investments in businesses and assets with strong privacy features, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Hydro 66.

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:

Veronika Oswald
Investor Relations, Cypherpunk Holdings Inc.
veronika@cypherpunkholdings.com
Office: 416.599.8547

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