PALO ALTO, Calif.–(BUSINESS WIRE)–C1 Fund Inc. (NYSE: CFND) (“C1 Fund” or the “Fund”) today announced the acquisition of an equity interest in Chainalysis Inc. (“Chainalysis”), a global leader in blockchain data and compliance solutions that brings trust, transparency and security to the digital asset ecosystem.
Chainalysis provides data, software and research that enables financial institutions, governments and digital asset businesses to detect illicit activity, assess counterparty risk and comply with complex and evolving regulatory frameworks. Its analytics platform is used in over 70 countries, making Chainalysis one of the most critical data providers in the blockchain economy.
“Chainalysis is the cornerstone of the modern blockchain infrastructure stack – transforming opaque data into actionable intelligence,” said Elliot Han, chief investment officer of C1 Fund Inc. “As institutional participation in digital assets accelerates, the need for trusted compliance and risk frameworks has never been greater. Our investment in Chainalysis reflects a deep belief in the trust infrastructure that enables the digital economy to operate responsibly and for the long term. scale.”
This investment marks a new step in the C1 Fund’s strategy to build a diversified portfolio of late-stage private companies that power digital finance infrastructure.
“We are excited to add Chainalysis to the C1 Fund portfolio as part of our continued commitment to supporting technology leaders in advancing transparency and trust in digital finance,” said Dr. Najam Kidwai, CEO of C1 Fund Inc. “Our investment reflects our confidence in Chainalysis’ central role in building a secure and compliant blockchain ecosystem. As our portfolio continues to grow, we look forward to announcing additional investments in the coming months. weeks. »
About Fonds C1 inc.
C1 Fund Inc. is a closed-end fund, incorporated in Maryland, based in Palo Alto, California and listed on the New York Stock Exchange (NYSE: CFND). C1 Advisors LLC, also based in Palo Alto, California, serves as the Fund’s investment advisor. The investment objective of the Fund is to maximize the total return of the portfolio, primarily by seeking capital gains in the Fund’s equities and similar investments. Under normal market conditions, the Fund will invest at least 80% of its total assets in equities and equity-related securities of companies primarily engaged in the digital asset services and technology sector. The Fund intends to achieve its investment objective by investing in a portfolio comprising up to 30 of the top 30 digital asset services and technology companies, excluding companies whose operations are primarily administered in the People’s Republic of China, including Hong Kong and Macau.
Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The Fund’s prospectus, which has been filed with the SEC, contains this information and should be read carefully before investing.
Forward-looking statements
This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the offering of the common stock, our ability to complete the offering on a timely basis or at all and the anticipated use of the net proceeds therefrom, and other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based on currently available information. Words such as, but not limited to, “look forward to,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “confidence,” “encouraged,” “potential,” “plan,” “goals,” “likely,” “may,” “will,” “would,” “should” and “could” and similar expressions or words identify forward-looking statements. The forward-looking statements included in this press release are based on management’s current expectations and beliefs which are subject to a number of risks, uncertainties and factors which may cause the actual results, levels of activity, performance or achievements of the Fund, or industry results, to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such statements prospective. Therefore, no guarantee can be given as to future results, levels of activity, performance or achievements, and neither the Fund nor any other person assumes responsibility for the accuracy and completeness of such statements in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified solely by these cautionary statements, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. Risk is inherent in any investment. There is no guarantee that the Fund will achieve its investment objective and you could lose part or all of your investment.
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