C1 Fund released a C1 Fund update with its third-quarter results and a preview of fourth-quarter plans. In addition, the update highlights the company’s strategic investments in digital assets and technology companies. Therefore, investors can now track the fund’s progress in capital deployment and portfolio expansion.
For the third quarter ending September 30, 2025, C1 Fund reported a Net Asset Value of $52,428,992, or $7.86 per share. Moreover, the fund acquired $2 million in Figment Inc., a digital asset services provider, with a fair valuation of $2,035,000. Meanwhile, it invested the remaining capital in U.S. Treasury securities to comply with regulations as a Regulated Investment Company.
C1 Fund completed its initial public offering in August, raising $60 million in gross proceeds. After fees and expenses, net assets reached $53,209,506, and the fund had 6,666,666 shares outstanding. Consequently, the initial NAV stood at $7.98 per share. Management plans to invest IPO proceeds fully within 12 months, aligning with its stated objectives.
Looking ahead, C1 Fund expects to invest $27 million in the fourth quarter. So far, it has deployed $16.5 million in late-stage digital asset and technology companies, including Kraken, Ripple, and Chainalysis. The fund expects to invest the remaining $10.5 million once documentation and closing conditions are completed.
Elliot J. Han, Chief Investment Officer, said the rapid investments demonstrate disciplined capital deployment. He also noted that these actions reflect both a strong deal pipeline and the fund’s ability to access limited opportunities.
Similarly, Dr. Najam Kidwai, Chief Executive Officer, explained that the fund gives public investors access to leading private, late-stage digital asset companies. Furthermore, he added that C1 Fund is well-positioned to continue building a portfolio of category-defining businesses as the sector matures.
C1 Fund expects to release full fourth-quarter investment details and audited annual results by March 2, 2026. Additionally, management will continue executing the investment strategy into early 2026, focusing on digital asset and technology opportunities.
Overall, the C1 Fund update demonstrates early success and a clear strategic direction. Therefore, investors can track the fund’s ability to source high-quality opportunities and deploy capital efficiently in a growing digital asset market.
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