C1 Fund Inc. on Monday announced a liquidity event from its investment in Ripple, stating that it realized approximately 150% return in less than four months.
What The Announcement Says
C1 Fund has not specified the dollar value of the original stake or the gross proceeds from the exit.
C1 Fund trades on the New York Stock Exchange under ticker CFND. The fund has not detailed what portion of its portfolio the Ripple position represented. It has also not stated whether the proceeds will be distributed to shareholders or redeployed into new positions.
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Background On Ripple And Institutional Interest
XRP (XRP) is the native token of the XRP Ledger, which Ripple created and continues to develop. Ripple has been a target of institutional interest in 2025 and 2026 following the resolution of its long-running legal dispute with the US Securities and Exchange Commission.
The SEC case ended with a settlement in which Ripple paid $50M. That outcome lifted uncertainty that had weighed on XRP price for years. Institutional vehicles have since increased exposure to Ripple-related assets.
C1 Fund's disclosed return of 150% in under four months is a short hold by conventional investment standards. The fund has not explained the mechanism of the exit, whether via secondary market, a structured buyback, or another route.
C1 Fund has not disclosed the name of the counterparty in the liquidity event. It has not stated whether Ripple itself was involved in the exit transaction. The announcement does not reference any lock-up period that may have governed the original investment.
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