PALO ALTO, Calif., October 28, 2025 — C1 Fund Inc. (NYSE: CFND), a public closed-end investment fund providing investors access to private companies in digital asset services and technology, today announced its investment in Kraken, one of the world’s largest and longest-standing digital asset trading platforms (a.k.a. exchanges).
Founded in 2011, Kraken is recognized globally for its focus on security, transparency, and regulatory alignment. The company offers a broad suite of services, including spot and futures trading, staking and institutional custody solutions.
“Our investment in Kraken reflects the Fund’s commitment to identifying and investing in companies building the infrastructure for the digital asset economy,” said Elliot Han, Chief Investment Officer (CIO) for C1 Fund Inc. “Kraken’s scale, innovation, and track record in security make it a strong fit for our portfolio.”
“We are pleased to welcome Kraken into the Fund’s curated portfolio,” said Dr. Najam Kidwai, Chief Executive Officer of C1 Fund Inc. “This investment underscores our disciplined approach—backing innovative companies with proven execution and institutional-grade governance.”
The addition of Kraken expands C1 Fund’s holdings in the private market leaders driving adoption of digital assets worldwide. Collectively, these companies represent investor opportunities at the intersection of traditional finance and the digital asset economy.