C1 Fund Inc., a registered closed-end investment company providing public-market investors exposure to late-stage digital-asset and technology companies, today announced that it has invested in Figment, a global leader in blockchain infrastructure and staking services.
The position was executed via the secondary market and reinforces C1 Fund’s mandate to back category-defining companies that power the digital-asset ecosystem. Figment currently supports more than 50 blockchain protocols and according to company data, over $17 billion in digital assets staked. The company maintains deep institutional relationships across asset managers, custodians, and financial institutions.
“Figment has built a clear leadership position as an institutional provider of staking and node infrastructure,” said Elliot Han, Chief Investment Officer of C1 Advisors LLC, the Fund’s investment adviser. “Our investment reflects conviction in Figment’s role at the intersection of institutional adoption, protocol development and blockchain services and is consistent with our disciplined approach to acquiring established late-stage positions.”
Najam Kidwai, Chief Executive Officer of C1 Fund Inc., added, “Our strategy is to deploy capital into companies that underpin the infrastructure of the digital economy. Figment’s global footprint, protocol diversity and institutional client base make it a relevant addition to our portfolio. With additional transactions in the pipeline, we expect to continue expanding our exposure to category leaders in the coming weeks.”
This acquisition highlights C1 Fund’s ability to deploy capital with both speed and discipline, providing public-market investors with a unique access point to leading private-market companies. Figment now joins a growing roster of C1 Fund portfolio holdings that are shaping the future of digital finance and technology infrastructure.
Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!
