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TORONTO, ONTARIO, October 26, 2021. ‐ Cypherpunk Holdings Inc. (CSE: HODL,
OTC: KHRIF) (“Cypherpunk” or, the “Company”),
a sector leader for cryptocurrency, privacy
and cryptography focused investments, wishes to congratulate Animoca Brands Corporation
Limited (“Animoca Brands”) on the recent closing of a US$65 million capital raise (the “Capital

Animoca Brands raised a total of US$65 million (approximately C$80 million) at a subscription
price of AUD$2.00 per share (approximately C$1.86 per share), issuing a total of 43,850,317 new
shares at a pre-money value of US$2.2 billion. More information on Animoca Brands’ capital raise
is available at https://bit.ly/3DUSaiu.

Cypherpunk owns 2 million Animoca Brands ordinary shares at a cost base of AUD$1.10 per share
(approximately C$1.02 per share).

“Cypherpunk congratulates Animoca Brands on completing its capital raise” Tony Guoga,
Cypherpunk’s CEO, stated. “We are excited by the prospect of significant/additional capital being
invested in Animoca Brands’ innovative non-fungible token and digital entertainment products
and we wish them continued success.”

Cautionary Note Regarding Forward-Looking Information

Officer/Director Contact

Daniel Cawrey | Chief Operating Officer

dan@cypherpunkholdings.com | Office: 1-647-946-1300

Investor Relations Contacts:

Veronika Oswald | Investor Relations

veronika@cypherpunkholdings.com | Office: 1-647-946-1300