The C1 Secondaries Fund, with $500 million in assets, plans to invest in crypto firms such as Animoca Brands and Chainalysis at significant discounts.
The fund is looking to buy shares in Animoca Brands at a price 75% below its most recent valuation, and shares in Chainalysis at a 63% discount.
This move follows a market uptick in the crypto space, with Bitcoin surpassing $40,000 in December.
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