Cypherpunk Technologies Inc. has approved a new compensation arrangement with CoinXit Ltd., granting a total of 5,448,157 restricted stock units (RSUs) under its 2025 Equity Incentive Plan. This award, formalized in a Restricted Stock Unit Grant Agreement dated December 23, 2025, follows a prior grant of 2,411,700 RSUs under the 2022 Plan. The RSUs will vest over time, contingent on CoinXit’s continued service, with accelerated vesting in certain termination scenarios. Khing Oei, CoinXit’s sole director and stockholder, was previously appointed to the Cypherpunk Technologies Board as an "Investor Designee" by Winklevoss Treasury Investments, LLC.
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