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C1 Fund Expands to 11 Crypto Firms, Adds Polymarket, Buyback

C1 Fund has expanded its portfolio to 11 crypto companies, adding Polymarket, and repurchased approximately $824,000 worth of its own shares. The move signals continued confidence in the crypto sector.

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AI take

The expansion to 11 firms and the share buyback signal a deliberate bet on crypto's long-term viability, even as the sector faces regulatory and market volatility. Adding Polymarket, a prediction market platform, suggests interest in novel use cases beyond traditional trading. The buyback, while modest, implies management sees its own token as undervalued relative to its portfolio. The key question is whether this conviction will be rewarded as regulatory clarity and market conditions evolve, potentially drawing more institutional capital into similar diversified crypto vehicles.

Generated by AI for reference only.

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