Dan Tapiero launches $500 million crypto fund, merges its subsidiaries to form new brand 50T

Odaily Planet Daily News: Renowned digital asset investor Dan Tapiero announced the launch of a $500 million growth oriented cryptocurrency fund, the "50T Fund," which focuses on supporting late stage enterprises building blockchain and Web3 core infrastructure. The fund is a closed-end structure with a term of ten years and is expected to complete its first round of fundraising in the fourth quarter of 2025. At the same time, Tapiero merged its private equity firm 10T Holdings with 1RoundTable Partners and renamed them collectively as "50T", reflecting its long-term expectation for the cryptocurrency economy to reach a market value of $50 trillion within the next decade. 50T has previously invested in companies such as Circle, Deribit, Etoro, etc., and has stated that these successful investments have validated the investment logic that 'all value will ultimately be on chain'. （CoinDesk）