Growth Capital • Information Technology

C1 Fund Invests In Kraken

On October 27, 2025, business development company C1 Fund invested in information technology company Kraken

Investment Context
  • This is C1 Fund’s 1st transaction in the Information Technology sector.
  • This is C1 Fund’s 1st transaction in the United States.
  • This is C1 Fund’s 1st transaction in California.

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Investment Summary

Date October 27, 2025
Target Kraken
Sector Information Technology
Investor(s) C1 Fund
Deal Type Growth Capital

Target Company

Kraken

San Francisco, California, United States
Kraken operates a digital asset trading platform that enables users to buy, sell, and stake cryptocurrencies and tokenized assets. The Company offers services for retail and institutional investors, including spot and futures trading, margin trading, and crypto custody solutions. Kraken was founded in 2011 and is headquartered in San Francisco, California.
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Investor Overview 1

DESCRIPTION

C1 Fund is a closed-end investment company that provides public-market investors access to late-stage private companies operating in the digital assets services and technology sectors. C1 Fund was founded in 2024 and is based in Palo Alto, California.


Deal Context for Investor #
Overall 1 of 2
Sector: Information Technology 1 of 2
Type: Growth Capital 1 of 2
State: California 1 of 1
Country: United States 1 of 2
Year: 2025 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-15 Consensys

Fort Worth, Texas, United States

Consensys is a blockchain software and Web3 technology company that builds decentralized infrastructure, developer tools and applications primarily for the Ethereum ecosystem. The Company’s products include the MetaMask self-custodial wallet, Infura blockchain access APIs, developer frameworks like Truffle, and other middleware and financial-infrastructure tools that enable developers, enterprises and end-users to interact with decentralized applications (dApps) and decentralized finance (DeFi) services. Founded by a co-founder of Ethereum, Consensys supports protocol development and ecosystem growth to advance decentralized finance, digital assets and broader Web3 adoption. Consensys is based in Fort Worth, Texas.

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