C1 Fund Inc. (NYSE: CFND), a closed-end investment company targeting late-stage digital assets, has added Ripple to its portfolio, signaling confidence in the enterprise blockchain firm’s global cross-border payments infrastructure.

Ripple’s technology powers financial institutions and enterprises worldwide, leveraging RippleUSD (RLUSD) and the XRP Ledger (XRPL)—an open-source blockchain known for fast settlement and interoperability between crypto-native and traditional financial assets.

“Ripple’s technology and international reach fit directly with our strategy to support core infrastructure and institutional progress in blockchain finance,” said Elliot Han, Chief Investment Officer at C1 Fund. “This investment further positions C1 Fund to participate in the evolving landscape of digital assets.”

Backing Institutional-Grade Blockchain

The equity purchase aligns with C1 Fund’s ongoing strategy to identify and support companies driving responsible adoption of digital assets. By investing in Ripple, the Fund taps into a platform widely recognized for its reliability in cross-border payments and enterprise blockchain applications—a market increasingly in focus as banks and fintechs embrace blockchain for efficiency and transparency.

“We are delighted to welcome Ripple to the C1 Fund portfolio as part of our ongoing commitment to back world-class digital asset companies,” said Dr. Najam Kidwai, CEO of C1 Fund. “This investment underscores our confidence in Ripple’s leadership and innovation in the blockchain space. Investors can look forward to additional announcements as we expand and diversify our portfolio.”

C1 Fund’s move highlights a broader trend in institutional blockchain adoption: strategic investments in companies offering infrastructure solutions that bridge crypto ecosystems and traditional finance. As Ripple continues to grow its enterprise client base, C1 Fund appears positioned to benefit from both stablecoin adoption and the evolution of the XRP Ledger.