C1 Fund Says It Has Deployed About 60% of Assets Into Crypto Unicorns Including Ripple, Kraken

Minseung Kang

Summary

C1 Fund said it has deployed about 60%% of its assets into major crypto infrastructure companies including Ripple, Kraken and ConsenSys.
C1 Fund said its net assets stood at about $52.05 million as of Dec. 31, 2025, while NAV was $7.81 and the fair value of its investment holdings was about $30.48 million (58.4%%).
C1 Fund said it realized about a 150%% return through BitGo's IPO exit and the sale of part of its Ripple stake, and said regulatory clarity, institutional capital inflows, and the convergence of AI and blockchain will continue to drive industry growth.

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C1 Fund, a digital-asset fund listed on the New York Stock Exchange, said it has deployed about 60% of its assets into major crypto infrastructure companies including Ripple, Kraken and ConsenSys.

BlockBeats reported on May 11 that C1 Fund released its fourth-quarter and full-year 2025 results, showing that its portfolio as of Dec. 31, 2025 included major crypto companies such as Ripple, Kraken, Blockchain.com, Chainalysis, ConsenSys, Alchemy and Figment.

According to the financial report, C1 Fund's net assets stood at about $52.05 million as of Dec. 31, 2025, and its net asset value per share was $7.81. The fair value of its investment holdings was about $30.48 million, or roughly 58.4% of total net assets.

The company said it signed seven late-stage private investment agreements within months of its IPO and is continuing to make additional investments in digital-asset infrastructure.

Portfolio company BitGo completed its IPO in January 2026, marking C1 Fund's first exit through a public listing. The fund also said it realized a roughly 150% return in about four months by selling part of its Ripple stake.

C1 Fund also made additional investments in BitGo, Fireblocks, Uphold and Polymarket. It said regulatory clarity, institutional capital inflows, and the convergence of artificial intelligence and blockchain will continue to drive industry growth.