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C1 Fund Makes Ripple Its Largest Holding, Overtakes Kraken Parent Payward
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News EditorC1 Fund's second-quarter filings show Ripple Labs has become its top holding, surpassing Kraken parent Payward. Ripple accounted for 17.5% of the fund's net assets as of June 30, while Payward represented 16.9%. The fund reported net assets of $42.63 million, with $33.07 million invested across 11 digital asset companies. A partial Ripple buyback participated in April generated roughly 150% returns in less than four months. Other private holdings include Alchemy, BitGo, Blockchain.com, Chainalysis, ConsenSys, Figment, Fireblocks, Polymarket and Uphold. The details were first reported by crypto.news and relayed by Techub News.
C1 Fund's latest holdings report reveals that Ripple Labs has overtaken Kraken's parent company Payward to become the fund's largest position. As of June 30, Ripple represented 17.5% of the fund's net assets, while Payward accounted for 16.9%.
The fund posted net assets of $42.63 million for the period, with $33.07 million allocated to private company investments across 11 digital asset businesses. A partial Ripple buyback transaction initiated in April generated an approximate 150% return in under four months.
Beyond Ripple and Payward, C1 Fund's portfolio includes stakes in Alchemy, BitGo, Blockchain.com, Chainalysis, ConsenSys, Figment, Fireblocks, Polymarket, and Uphold. The information comes from crypto.news, as relayed by Techub News.
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