Slide 1: C1 Fund Inc.: Public Market Access to Leading Private Digital Asset Companies
C1 Fund Inc. Public Market Access to Leading Private Digital Asset Companies NYSE: CFND | Closed-End Fund December 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by C1 Fund Inc. (“C1” or the “Fund”), a NYSE-listed closed-end investment company, solely for informational purposes. It does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall any securities be offered or sol
Slide 3: Executive Summary
Executive Summary C1 Fund Inc. is a NYSE-listed closed-end investment company providing institutional-grade exposure to late-stage private digital asset services and technology companies. We bridge the structural access gap between private market value creation and public market participation. What
Slide 4: What is C1 Fund
What is C1 Fund C1 Fund provides public market investors access to late-stage private digital asset companies — before IPO or strategic exit. NYSE-Listed Structure Late-Stage Focus Institutional Access Closed-end fund offering Concentrated exposure to Portfolio composition typically transparent, reg
Slide 5: Why C1 Exists
Why C1 Exists The Gap We Fill The Gap in Capital Markets C1’s Solution The digital asset ecosystem has matured significantly, Structured Access with substantial value creation occurring at the To otherwise restricted opportunities private, late-stage phase — precisely when companies establish revenu
Slide 6: Investment Focus
Investment Focus What We Invest In Target Portfolio Construction Late-stage private digital asset and fintech • Up to approximately 30 companies ("C1 infrastructure companies* with: Thirty") • Investing exclusively in equity • Established operations and revenue — not early-stage ventures • Majority
Slide 7: Portfolio Overview
Portfolio Overview As of December 2025, C1 Fund has built a diversified portfolio targeting the infrastructure layer of digital asset markets. 7 $30M * Portfolio Companies Capital Deployed Carefully selected holdings Strategic allocation progress Portfolio Exposure Across Key Sectors – Exchanges, Pr
Slide 8: Investment Strategy
Investment Strategy How Capital Is Deployed What Differentiates Our Approach 01 Late-Stage Maturity Secondary Acquisitions Focus on companies with established business Purchasing shares from founders, venture funds and models and revenue traction early-stage holders seeking liquidity 02 Liquidity-Aw
Slide 9: Why C1 Fits The Current Market
Why C1 Fits The Current Market Regulatory Clarity Is Improving Across Traditional Finance and Digital Assets Key Jurisdictions Institutional Participation Continues to Are Converging Expand Enhanced frameworks in the U.S., The distinction between legacy Europe and Asia are reducing Major banks, asse