Investment veteran Dan Tapiero has merged his private equity firms 10T Holdings and 1RoundTable Partners into a unified entity named 50T. The consolidation reflects ambitious projections of a $50 trillion expansion in the cryptocurrency market, fueled by landmark industry events including Circle’s IPO and the acquisition of crypto derivatives platform Deribit.
As part of this strategic reorganization, 50T is launching a $500 million growth equity fund focused exclusively on mature blockchain and Web3 infrastructure enterprises. The fund carries a ten-year investment horizon and aims to deploy capital to portfolio companies by Q4 2025.
The vehicle already includes notable undisclosed investments in blockchain and Web3 businesses, underscoring its immediate operational readiness. This initiative positions 50T to capitalize on institutional demand for advanced digital asset infrastructure solutions aligned with long-term market growth trajectories.