10T Holdings Founder Plans to Launch $1 Billion Cryptocurrency Private Equity Fund

02/23/2023 00:42 • NFT Newsflash • 146 views

On February 23, Dan Tapiero, founder of 10T Holdings, planned to launch the new cryptocurrency private equity (PE) fund company, 1Round Table Partners, with the goal of raising up to US $1 billion for the flagship fund 1RTO Opportunities Fund by the end of the third quarter. The fund will focus on supporting the equity of digital asset companies in the middle and later stages that have significant appreciation potential in the next five to 10 years. At present, it has received the support of hedge fund billionaire Alan Howard. （Blockworks）

The founder of 10T Holdings plans to launch a new cryptocurrency PE fund of US $1 billion

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Dan Tapiero, the founder of 10T Holdings, is launching a new cryptocurrency private equity (PE) fund company called 1Round Table Partners. The aim of the company is to raise up to $1 billion for the flagship fund, 1RTO Opportunities Fund, by the end of the third quarter. The fund will focus on supporting the equity of digital asset companies in the middle and later stages that have significant appreciation potential in the next five to 10 years.

The announcement of the new cryptocurrency private equity fund company aims to address the growing demand for investment opportunities in the digital asset space. The 1RTO Opportunities Fund targets digital asset companies with a solid growth potential, aiming to support them through their middle and later growth stages. Tapiero, who is also a co-founder and managing partner of Gold Bullion International, says the 1RTO Opportunities Fund will create opportunities for investors to participate in the digital asset space without directly owning cryptocurrencies.

The involvement of hedge fund billionaire Alan Howard is a significant development for 1Round Table Partners. Howard, who is the co-founder of hedge fund firm Brevan Howard Asset Management, has been actively investing and advocating for digital assets. Howard’s involvement in the new venture is expected to attract other institutional investors.

The launch of 1Round Table Partners reflects the growing recognition of digital assets, as a growing number of investors and institutions are looking to invest in the space. Traditional asset managers have been slow to enter the digital asset space due to the lack of regulation and risk management frameworks. However, more and more investors are coming to recognize the long-term potential of digital assets.

In conclusion, the launch of 1Round Table Partners shows the growing acceptance of digital assets as a legitimate investment option. The involvement of Alan Howard, who is known for his expertise in hedge funds, adds credibility to the venture and is expected to attract more institutional investors. The focus on digital asset companies in the middle and later stages with a significant appreciation potential highlights the long-term growth potential in the sector.

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10T Holdings Founder Plans to Launch $1 Billion Cryptocurrency Private Equity Fund

The founder of 10T Holdings plans to launch a new cryptocurrency PE fund of US $1 billion

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