C1 Fund adds Polymarket to portfolio in Q2 2026, bringing holdings to 11 companies
C1 Fund Inc. (NYSE: CFND) disclosed in its second quarter 2026 results that it added Polymarket (Blockratize, Inc.) to its investment portfolio during the period. As of June 30, 2026, approximately 77.5% of net assets were deployed across eleven portfolio companies. The NYSE-listed closed-end fund also repurchased approximately $824,000 of its own shares during the quarter. The filing did not specify the size of the Polymarket position or valuation terms.
C1 Fund's entry gives Polymarket a second institutional backer from traditional finance after ICE built its $1.6 billion position. That signals conventional fund vehicles now treat prediction markets as a standard digital-asset allocation. Polymarket's new institutional name eases the banking access pressure that followed its JPMorgan debanking.
For Kalshi, the competitor closing institutional rounds at comparable pace tightens the fundraising window: both platforms now pitch the same finite pool of traditional capital. The valuation race between them hardens into a direct contest for who can stack more blue-chip fund logos first. Smaller venues without this crossover credibility face a steeper climb to attract follow-on financing.