C1 Fund Exits Ripple Stake with 150% Gain in Four Months
Event summary
- C1 Fund realized a ~150% return on its Ripple investment in less than four months via partial divestiture.
- Ripple was valued at approximately $50 billion following a March 2026 share buyback program.
- This marks C1 Fund’s second liquidity event since its August 2025 public listing, following BitGo’s IPO in January 2026.
The big picture
C1 Fund’s rapid exit from Ripple underscores its strategy of converting private-market holdings into realized gains for public investors. The move follows BitGo’s IPO, signaling a pattern of early monetization within its portfolio. As digital asset infrastructure matures, such liquidity events may become more frequent, testing the fund’s ability to sustain high returns while managing investor expectations.
What we're watching
- Portfolio Rotation
- How C1 Fund balances liquidity events with maintaining long-term exposure to high-growth private assets.
- Valuation Trends
- Whether Ripple’s $50 billion valuation can be sustained amid evolving market conditions.
- Investment Strategy
- The pace at which C1 Fund identifies and capitalizes on similar high-return opportunities in the digital asset space.