C1 Fund (NYSE: CFND) acquires Chainalysis

C1 Fund Inc. (NYSE: CFND) announced it has acquired an equity position in Chainalysis Inc., a blockchain data and compliance solutions provider.

Chainalysis offers data, software, and research services that help financial institutions, governments, and digital-asset businesses detect illicit activity and comply with regulatory frameworks. The company’s analytics platform operates in more than 70 countries.

“Chainalysis is a cornerstone of the modern blockchain infrastructure stack — transforming opaque data into actionable intelligence,” said Elliot Han, Chief Investment Officer of C1 Fund Inc.

The investment represents part of C1 Fund’s strategy to build a portfolio of late-stage private companies in digital finance infrastructure. The fund plans to announce additional investments in coming weeks, according to Chief Executive Officer Dr. Najam Kidwai.

C1 Fund is a closed-end fund based in Palo Alto, California, that trades on the New York Stock Exchange. The fund invests at least 80% of its assets in equity securities of companies in the digital assets services and technology sector, targeting up to 30 companies while excluding those principally administered in China, Hong Kong, and Macao.