Dan Tapiero launches $500 million crypto fund, merges companies into new brand 50T

Odaily Planet Daily News: Well-known digital asset investor Dan Tapiero announced the launch of a $500 million growth crypto fund "50T Fund", which focuses on supporting late-stage companies that build 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 his private equity firm 10T Holdings with 1RoundTable Partners and renamed it "50T", reflecting his long-term expectation that the crypto economy will reach a market value of $50 trillion in the next decade. 50T has previously invested in companies such as Circle, Deribit, and Etoro, and said that these successes have verified the investment logic that "all value will eventually be on the chain." (CoinDesk)