Cypherpunk Holdings Inc. Announces Corporate Update from the CEO

TORONTO, ONTARIO, Canada, January 13, 2021 – Cypherpunk Holdings Inc.
(“Cypherpunk” or the “Company”
) trading on the Canadian Securities Exchange
(the “CSE”) under the stock symbol ‘HODL’ is pleased to provide this corporate
update to shareholders and interested investors.

Following the announcement on August 4, 2020 with the appointment of Mr Antanas
(Tony) Guoga as the new CEO we would like to announce that Mr Guoga resigned
from his post at the Lithuanian Parliament as of January 13th 2021 so he can focus
and dedicate his time to Cypherpunk Holdings on full time basis once he is released
from his commitments to the Parliament.

Mr Guoga is an avid investor in the Blockchain technologies, serial entrepreneur and
his expertise & contacts in the industry are being utilised in scaling up the operations
as the Company explores different areas of the market. The company is evaluating
investments in Decentralized Finance (DeFi), Non-Fungible Tokens (NFT’s) &
several blockchain based gaming projects.

Commenting on the full time appointment Mr Guoga said: “Since my appointment in
August 2020 the Company has grown substantially but my work has only begun. I
am delighted to be able to dedicate the necessary time to make this Company a
great success.”

About the Company:

Cypherpunk Holdings Inc. invests in the companies, technologies and protocols
which enhance or protect privacy. Its strategy is to make targeted investments in
businesses and assets with strong privacy, often within the blockchain ecosystem,
including select cryptocurrencies.

Cautionary Note Regarding Forward-Looking Information

Cypherpunk Holdings Cautionary Note Regarding Forward-Looking Information at the following link.

Cautionary Note Regarding Forward-Looking Information

Investor Relations Contacts:, Veronika Oswald, Investor Relations
Cypherpunk Holdings Inc.,
Office: 416.599.8547

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