Crypto Fund Sets Sights On Animoca Brands And Chainalysis In $500 Million Investment Drive
Summary
Animoca Brands, a blockchain gaming company, is one of the targets of C1 Fund, a $500 million investment fund that specializes in acquiring secondary shares at significant discounts. C1 Fund has offered to purchase shares from Animoca Brands and other crypto companies at discounts ranging from 50 to 80 percent of their last valuation. The fund is particularly interested in companies with a minimum valuation of $300 million and aims to invest between $20 million and $50 million in them. Chains Analysis, a blockchain analysis service provider, is also on C1 Fund's radar.
