Ripple stake delivers approximately 150% return for C1 Fund in under four months
C1 Fund leverages Ripple's buyback to enhance liquidity and value realization for retail investors.
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Add us on Google by Vivian Nguyen Apr. 20, 2026C1 Fund Inc., a Palo Alto-based closed-end investment vehicle that gives retail investors access to private digital asset companies through a single NYSE-listed ticker, announced Monday it booked approximately 150% returns on a partial sale of its Ripple stake in under four months.
C1 Fund revealed in October 2025 that it had taken an equity position in Ripple as part of its push to support responsible innovation in the digital asset sector. Ripple’s network, which includes the XRP Ledger and RLUSD stablecoin, is widely used by financial institutions to facilitate fast and efficient asset transfers.
Last month, Ripple Labs introduced a new share buyback initiative that would value the company at approximately $50 billion. The move came after Ripple raised $500 million last November at a $40 billion valuation from investors like Citadel Securities and Fortress Investment Group.
The buyback enabled C1 Fund’s liquidity event from its Ripple stake as the blockchain company’s soaring valuation boosted secondary market exits.
“This realization reflects the kind of outcome we aim to deliver through disciplined portfolio construction and active management,” said Elliot Han, Chief Investment Officer of C1 Fund. “We invested in Ripple with a clear view of the company’s strategic position, and this transaction demonstrates our ability to capture value while continuing to maintain exposure to high-quality private market opportunities.”
C1 Fund CEO Dr. Najam Kidwai said the transaction demonstrates the firm’s strategy of sourcing strong private market deals and delivering realized value to shareholders.
The partial sale is the fund’s second liquidity event since listing on the NYSE last August. The first came in January 2026, when portfolio holding BitGo went public via IPO, he noted.
C1 Fund continues to hold positions in other leading private digital asset companies, including Kraken, Consensys and Chainalysis.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
