Well-known digital asset investor Dan Tapiero merges private Equity companies 10T Holdings and 1 Roundtable Partners under a new brand 50T, reflecting his forecast that the digital active ecosystem will reach a market value of $ 50 trillion in the next decade.
“50T is a natural development from our original dissertation in 2020 when we launched 10T with the belief that the digital activist ecosystem would grow from $ 300 billion to $ 10 trillion in 10 years,” Tapiero said in a press release on Tuesday.
“Today, we estimate that we are already at $ 5 trillion, which far exceeds our original timeline, which is why we are adjusting our views upwards,” he said. “Recent successes such as Circle IPO and abandoned acquisition show the maturity of this sector and validate our investment tense that all value will eventually move on the chain.”
USDC StableCein Issuer Circle rose almost 10 times from its original price after its debut in the stock market last month, while Crypto Exchange Coinbase acquired abandoned $ 2.9 billion in May.
Funds below 50 t were investors in Circle, Deribit and Digital Trading Platform Etoro, which was also recently published, and other portfolio companies are also ready to become public, the press release said.
50T also launches a growth of $ 500 million growth, called the 50T Fund with Rebrand.
It is a closed fund with a ten-year horizon designed to support later phase, which builds core infrastructure in blockchain and web3, with a first closely planned in the 4th quarter of 2025.
