C1 Fund completes a $60 million IPO focused on investing in private digital asset companies.

robot
Abstract generation in progress

[Golden Finance] reported that the closed-end investment company C1 Fund Inc. announced that its previously announced initial public offering ("IPO") has been completed, and it will issue 6,000,000 shares of common stock ("common stock") at a price of $10.00 per share. C1 Fund will use the proceeds from the IPO to invest according to the investment objectives and strategies described in the IPO prospectus. The common stock will begin trading on the New York Stock Exchange on August 7, 2025, under the ticker symbol "CFND".

"Our mission is to democratize investment opportunities for the next generation of digital asset innovators while they are still in the private phase," said Dr. Kidwai, the fund's president and CEO. "We do not speculate on token prices, but focus on investing in leading private digital asset service and technology companies. We believe these companies will bring disruptive technologies, reach large potential markets, and provide significant business opportunities. This strategy, along with our listing on the NYSE, allows public market investors to participate in the growth phase of these private digital asset companies. We believe this reflects the opportunities available to early participants during the development stages of the internet and artificial intelligence."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SadMoneyMeowvip
· 08-10 07:21
Increased the position, lost a lot.
View OriginalReply0
HashRateHermitvip
· 08-09 17:06
The new sucker play people for suckers machine for private assets is here.
View OriginalReply0
DegenWhisperervip
· 08-09 16:58
Shouting to pump has a skill.
View OriginalReply0
liquidation_surfervip
· 08-09 16:53
The bull run is coming again, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)