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Stock impact report

C1 Fund Announces Investment in Figment, a Leading Provider of Blockchain Infrastructure

C1 Fund Inc. (CFND) 
Company Research Source: Business Wire
PALO ALTO, Calif.--(BUSINESS WIRE)--C1 Fund Inc. (NYSE: CFND) (“C1 Fund” or the “Fund”), 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 convictio Show less Read more
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