C1 Fund Inc. (NYSE: CFND), a publicly traded investment company focused on late-stage digital assets and blockchain infrastructure, has purchased shares in Ripple, a global provider of enterprise blockchain technology.
Ripple’s platform supports cross-border payments and financial infrastructure for banks and enterprises worldwide, using the XRP Ledger and stablecoins like RLUSD for efficient settlement and exchange of both crypto and traditional assets.
The investment reflects C1 Fund’s strategy to support companies advancing responsible adoption of digital assets and blockchain technology. By acquiring Ripple equity, C1 Fund aims to participate in the growth of enterprise blockchain solutions that improve speed, transparency, and efficiency in global financial transactions.
Image: Freepik
