Reserve

Radar

Bitcoin ETF

<p style="text-align: justify">The crypto sector has begun to attract attention as investors increasingly expect a rise, pushing <a href="https://en.coin-turk.com/renowned-crypto-analyst-anticipates-significant-surge-above-30000-for-bitcoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> beyond 40,000 dollars and creating a ripple effect in various digital currencies. In the midst of this revival, the C1 Fund, equipped with a fund of 500 million dollars, is strategically watching secondary shares with discounts up to 80%.</p>
<h2 style="text-align: justify" id="c1-fund-s-ambitious-strategy-and-goals">C1 Fund’s Ambitious Strategy and Goals</h2>
<p style="text-align: justify">The C1 Fund, established by former Coinbase lawyers and investors, has its sights set on the leading crypto currency organizations to buy secondary shares from investors. Equipped with a presentation deck summarizing their approach, the C1 Fund aims at crypto companies with a valuation of at least 300 million dollars in the last funding round, especially those in Series C or later. The C1 Fund aims to write checks ranging from 20 million to 50 million dollars.</p>
<p><img loading="lazy" decoding="async" loading="lazy" class="wp-image-287253 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/c1-fund-cointurk.png" alt="" width="2880" height="920"></p>
<p style="text-align: justify">Referring to favorable market conditions, hyperinflation and rising interest rates, the C1 Fund believes the digital assets market is maturing for attractive valuations in the secondary market. Their presentations emphasize a commitment to buy shares at a significant discount by taking advantage of current market dynamics.</p>
<h2 style="text-align: justify" id="crypto-giants-on-c1-fund-s-radar">Crypto Giants on C1 Fund’s Radar</h2>
<p style="text-align: justify">Once traded on the ASX, Hong Kong-based Animoca Brands entered the C1 Fund’s radar and it is alleged that the fund offered to buy shares at a significant discount to the company’s last valuation. Also, US-based Chainalysis, valued at 8.4 billion dollars in 2022, is a company that the C1 Fund aims to make significant discounts on its current secondary preferred shares.</p>
<p style="text-align: justify">Local crypto exchanges like Independent Reserve and BTC Markets are witnessing increased customer flow due to concerns over <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">money</a> laundering charges against the founder of <a href="https://en.coin-turk.com/binance-and-sec-reach-agreement-only-binance-us-to-access-customer-funds/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>. With an increase in trading volumes of up to 50%, these locally regulated operators are preferred over Binance.</p>
<p style="text-align: justify">Investors are expecting a potential crypto renaissance with the possibility of US regulators approving a Bitcoin ETF in January. This approval could pave the way for major Wall Street players to market their funds to a broader investor base. Such a flow could give the crypto currency field a chance to grow even further. The growth will particularly lead to an increase in the value of crypto currencies.</p> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/crypto-sector-attracts-attention-with-ripple-xrp-numbers-and-c1-funds-ambitious-strategy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/crypto-sector-attracts-attention-with-ripple-xrp-numbers-and-c1-funds-ambitious-strategy/</a>

Crypto Sector Attracts Attention with Ripple (XRP) Numbers and C1 Fund’s Ambitious Strategy

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