C1 Fund Inc. reports developments as a publicly traded closed-end investment company focused on equity exposure to late-stage digital asset services and technology businesses. Its updates center on NAV and operating results, portfolio construction, investments and liquidity events involving private digital asset infrastructure companies, and the fund’s exchange-listed common shares.
Recurring announcements include portfolio additions such as Uphold, holdings tied to exchanges, custody, blockchain analytics, developer platforms, staking infrastructure and regulated financial services, as well as share repurchase authorization, insider share transactions, annual report timing and NYSE listing-compliance matters.
C1 Fund Inc. (NYSE: CFND) announced on October 10, 2025 that it purchased equity in Ripple, a provider of enterprise blockchain solutions used for cross-border payments and settlement via RippleUSD (RLUSD) and the XRP Ledger (XRPL).
The purchase aligns with C1 Fund’s stated strategy to invest at least 80% of assets in equity and equity-linked securities of companies in the digital assets and blockchain sector and to target a portfolio of approximately 30 companies, excluding firms principally administered in the People’s Republic of China, Hong Kong, and Macao.
The announcement frames the transaction as part of the Fund’s ongoing effort to back infrastructure-focused digital asset companies and signals potential further portfolio additions.
C1 Fund (NYSE: CFND) announced on October 6, 2025 that it has invested in Figment, a blockchain infrastructure and staking services provider, via the secondary market. According to the PR, Figment supports more than 50 blockchain protocols and manages in excess of $17 billion in staked digital assets. The fund says the purchase aligns with its mandate to back late‑stage, category‑defining companies that underpin the digital‑asset ecosystem and that additional transactions are expected in the coming weeks.
The PR emphasizes Figment’s institutional relationships and global footprint and presents the investment as an expansion of CFND’s portfolio exposure to blockchain infrastructure.
C1 Fund (NYSE:CFND), a closed-end investment company focused on late-stage digital-asset services and technology companies, has announced significant progress following its August 7, 2025 IPO. The Fund has executed seven investment agreements with private digital asset companies, with additional deals in advanced negotiation stages.
Under the leadership of CIO Elliot Han and CEO Dr. Najam Kidwai, the Fund has demonstrated strong execution capabilities in sourcing and structuring transactions. The company reports positive reception from both portfolio companies, who appreciate their long-term approach, and existing private shareholders seeking liquidity options.
C1 Fund (NYSE:CFND) has successfully completed its Initial Public Offering, raising $60 million through the sale of 6,000,000 common stock shares at $10.00 per share. The Fund, which began trading on the NYSE on August 7, 2025, focuses on investing in private digital assets services and blockchain technology companies.
Led by CEO Dr. Kidwai, C1 Fund aims to democratize access to early-stage digital assets innovators, focusing on companies developing disruptive technologies with significant commercial potential. The Benchmark Company served as the sole book-running manager, with SoFi Securities and China Renaissance Securities as co-managers.
C1 Fund (NYSE:CFND) has announced the pricing of its initial public offering, offering 6,000,000 common shares at $10.00 per share. The Fund has granted underwriters a 30-day option to purchase up to 900,000 additional shares to cover over-allotments.
Trading is expected to commence on August 7, 2025 on the NYSE, with the offering closing on August 8, 2025. The IPO is expected to raise net proceeds of approximately $55.1 million, potentially reaching $63.4 million if the over-allotment option is fully exercised. The Fund plans to complete its investment of the net proceeds within three months, with a maximum timeline of 12 months post-closing.