Dan Tapiero Projects Crypto Economy Hitting $50T, Launches $500M Fund Under New Firm
Well-known digital asset investor Dan Tapiero is merging private equity firms 10T Holdings and 1RoundTable Partners under a new brand 50T, reflecting his forecast that the digital asset ecosystem will reach a market value of $50 trillion in the next decade.
“50T is a natural evolution from our original thesis in 2020 when we launched 10T with the belief that the digital asset ecosystem would grow from $300 billion to $10 trillion in 10 years,” Tapiero said in a Tuesday press release.
“Today, we estimate that we’re already at $5 trillion, far exceeding our initial timeline, which is why we’re adjusting our outlook upward,” he said. “Recent successes like the Circle IPO and Deribit acquisition demonstrate the maturity of this…