cFund US, LLC is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Nov 13, 2025, it has sold $201,534 of interests to 3 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Benjamin Tsai; Wave Digital Assets LLC; Jennifer Anderson.
- Total raised
- $201,534Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 27, 2021
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Benjamin Tsai; Wave Digital Assets LLC; Jennifer Anderson
- Latest Form D
- Nov 13, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about cFund US, LLC
What is the minimum investment for cFund US, LLC?
According to its latest Form D, filed Nov 13, 2025, the minimum investment cFund US, LLC accepts from an outside investor is $100,000.
Who can invest in cFund US, LLC?
cFund US, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has cFund US, LLC raised?
cFund US, LLC reports $201,534 sold from 3 investors on its Form D filed Nov 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is cFund US, LLC based?
cFund US, LLC is based in Los Angeles, California and is managed by Wave Digital Assets LLC.
When did cFund US, LLC launch?
cFund US, LLC reports its first sale in Oct 2021, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 28% of the 1,702 private investment funds based in California, and more than 4% of all 10,212 that report sales.