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Synopsis
C1 Fund, an investment company providing public-market investors exposure to late-stage digital-asset and technology companies, completed an investment in Figment, a company specializing in blockchain infrastructure and staking services. Financial terms were not disclosed. “Our strategy is to deploy capital into companies that underpin the infrastructure of the digital economy. Figment’s global footprint, protocol diversity and institutional client base make it a relevant addition to our portfolio. With additional transactions in the pipeline, we expect to continue expanding our exposure to category leaders in the coming weeks,” Najam Kidwai, C1 Fund CEO.
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