C1 Fund Inc. (NYSE: CFND) Announces First Quarter 2026 Results
PALO ALTO, Calif.--( BUSINESS WIRE)-- C1 Fund Inc. (NYSE: CFND) (“C1 Fund” or the “Fund”), a publicly traded closed-end fund providing investors with exposure to high-growth private companies powering the digital asset economy, today released its financial results, including Net Asset Value (“NAV”), for the first quarter ended March 31, 2026.
Financial Highlights
Operational Highlights and Strategic Progress
The remainder of C1 Fund’s capital was invested in U.S. Treasury securities during the quarter, consistent with C1 Fund’s strategy to maintain qualification as a Regulated Investment Company (“RIC”) under Subchapter M of the U.S. Internal Revenue Code.
Chief Investment Officer Elliot Han commented, “The first quarter of 2026 continued to demonstrate our ability to identify and rapidly monetize value across leading private digital asset companies while maintaining exposure to the broader digital asset infrastructure ecosystem. We expanded our high-conviction portfolio with new late-stage positions and realized our first two liquidity events since IPO — the partial divestiture of our Ripple position at an approximate 150% return in less than four months, and BitGo’s public offering. We remain focused on disciplined sourcing as we continue to build our diversified and curated portfolio.”
Capital Markets and Investor Relations
Chief Executive Officer Dr. Najam Kidwai commented, “As we continue to deploy capital, we have strengthened our outlook with our first sale of an investment and as regulation clarifies in the digital asset sector. We believe our focus on concentrated exposure to mature digital asset services and infrastructure companies with proven business models is providing our investors a portfolio composition typically available only to venture capital, private equity, and institutional investors.
“The digital asset market is seeing notable improvement in the first half of 2026 due to an increasingly clear regulatory landscape and deeper integration with traditional financial systems. The ecosystem has continued to mature through accelerated institutional adoption and higher market liquidity. We believe a growing pipeline of potential liquidity events across the sector positions C1 Fund to offer strategic access to private market upside through the public equity market.”
The full text of the Company’s Form N-PORT for the period ended March 31, 2026, was filed with the SEC on May 29, 2026, and can be found here.
Investor Access & Sign-Up
Investors can register to receive earnings releases, portfolio updates and regulatory filings directly by subscribing to the Company’s Investor Relations distribution list at: www.c1fund.com/news-events/email-alerts
About C1 Fund Inc.
C1 Fund Inc. (NYSE: CFND) is a publicly traded closed-end fund providing public-market investors with exposure to late-stage digital asset services and technology companies. The Fund is managed by C1 Advisors LLC and is headquartered in Palo Alto, California.
For more information about C1 Fund, please visit the Company’s website at www.c1fund.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. Investing involves risk, including the possible loss of principal.