C1 Fund Inc. (NYSE: CFND) Announces Investment in Uphold, Expanding Portfolio Exposure to Multi-Asset Digital Money Platform
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 publicly traded closed-end fund providing public-market investors with exposure to late-stage digital asset services and technology companies, today announced that it has acquired a position in Uphold, a multi-asset digital money platform serving customers across global markets.Founded in 2015, Uphold provides access to cryptocurrencies, fiat currencies, stablecoins and commodities through a unified platform. According to Uphold, the company serves customers in more than 140 countries, supports more than 300 currencies and commodities, and has powered more than $40 billion in transactions since launch. Uphold is also known for its “Anything-to-Anything” trading experience, which allows users to move directly between supported asset classes.“Uphold is the type of platform we seek to back at C1 Fund because of its scale, global relevance and alignment with the continued development of digital
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