Dan Tapiero Unveils 50T to Back $50 Trillion Digital Asset Future

Renowned digital asset investor Dan Tapiero has merged his two private equity firms, 10T Holdings and 1RoundTable Partners, under a bold new brand: 50T. The rebrand reflects his conviction that the digital asset economy will soar to a $50 trillion market cap within the next decade.

"When we launched 10T in 2020, we projected the market would grow from $300 billion to $10 trillion in ten years," Tapiero said in a press release Tuesday. "We're already at $5 trillion, far ahead of schedule, so we’re raising our outlook."

The move underscores the rapid maturation of the blockchain and Web3 space. Recent landmark events such as Circle’s nearly 10x surge post-IPO and Coinbase’s $2.9 billion acquisition of Deribit validate Tapiero’s thesis that “all value will eventually move on-chain.”

Tapiero’s funds have invested in several breakout companies including Circle, Deribit, and trading platform Etoro, which recently went public. More portfolio firms are eyeing IPOs as institutional adoption of crypto accelerates.

To capitalize on this growth, 50T is launching a $500 million growth equity fund, dubbed the 50T Fund, targeting later-stage digital asset companies. The closed-end fund has a 10-year investment horizon and is expected to hold its first close in Q4 2025.

By combining 10T’s early success with a renewed long-term vision, 50T positions itself as a major player in the next era of blockchain infrastructure and Web3 expansion.