C1 Fund Acquires Equity Stake in Ripple to Boost Blockchain Portfolio-February 2024-www.financetom.com

C1 Fund Acquires Equity Stake in Ripple to Boost Blockchain Portfolio

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C1 Fund Acquires Equity Stake in Ripple to Boost Blockchain Portfolio

Oct 10, 2025 8:54 AM

11:34 AM EDT, 10/10/2025 (MT Newswires) -- C1 Fund ( CFND ) , a closed-end investment company, said late Thursday that it has acquired an equity position in Ripple, a provider of enterprise blockchain technology.

Details of the share purchase were not disclosed.

Ripple's platform is used by financial institutions and enterprises that use stablecoins such as RippleUSD (RLUSD-USD) and the XRP Ledger for settlement and asset exchange, the company said.

"This equity purchase marks a continuation of C1 Fund's ( CFND ) strategy to identify innovative companies advancing responsible digital asset adoption," C1 Fund ( CFND ) said.

C1 Fund ( CFND ) shares were up more than 4% in recent trading.

Price: 8.51, Change: +0.41, Percent Change: +5.06

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