Renowned macro investor Dan Tapiero has announced the creation of a new investment crypto fund under the brand 50T, merging his previous funds 10T Holdings and 1RoundTable Partners. The total size of the new fund is $500 million, and its activities will focus on supporting projects in blockchain technology, cryptocurrencies, and Web3 infrastructure.
This is reported by Finway
Rebranding and Ambitious Market Growth Forecast
The establishment of the 50T fund is accompanied by a significant shift in Tapiero’s views on the prospects of the digital economy. The financial expert has raised his long-term forecast: while in 2020 he estimated the potential of the digital ecosystem at $10 trillion, he now believes that over the next decade, its value could grow to $50 trillion. This is five times his previous estimate and reflects confidence in the continued expansion of the digital asset market.
“We initially named our fund 10T because we anticipated that the digital ecosystem would reach $10 trillion. Today we have already crossed the $5 trillion mark. Given the recent changes in Washington, we see a real path to $50 trillion in the next decade,” Tapiero stated in a comment to The Block.
According to the investor, this estimate includes not only the cryptocurrency markets but also the total value of all public and private companies operating in the digital asset space.
Key Highlights of the Fund’s Strategy and Prospects
The new 50T fund has been established as a ten-year closed-end investment vehicle focusing on investments in promising companies within the digital economy sector. The first closing of the fund is scheduled for the fourth quarter of 2025.
In recent years, under Tapiero’s management, there have been successful exits from portfolio companies, including the acquisition of the cryptocurrency exchange Deribit by Coinbase for $2.9 billion, as well as public listings of companies Circle and eToro. As of July 2025, the combined brand 50T manages a portfolio of assets worth $2 billion. The fund maintains a presence on the boards of directors of key industry players and implements an active management strategy with a focus on structural protection of investments and the development of the underlying infrastructure of the digital economy.
Amid market growth, the capitalization of the cryptocurrency sector recently surpassed $4 trillion, placing it alongside the largest public companies in the world. At the same time, the assets under management in crypto funds have reached new records, totaling $188 billion according to the latest reports.