50T Launches $500M Growth Equity Fund, Consolidates 10T Holdings and 1RoundTable Partners Under New Unified Brand

Consolidation Coincides with Launch of 50T Fund V, Reflecting Bold Vision for $50 Trillion Digital Asset Ecosystem

NEW YORK, July 21, 2025 /PRNewswire/ -- 10T Holdings (10T) and 1RoundTable Partners (1RT), leading growth equity funds investing in the Digital Asset Ecosystem (DAE), today announced their consolidation under a new unified brand: 50T. The rebrand reflects the organization's projection that the global digital asset ecosystem will reach $50 trillion in total value over the next decade. 50T also today announced the launch of the offering of a new $500 million fund, 50T Fund, a 10-year closed-end fund focused on growth equity investments, with a first close planned for Q4 2025.

This consolidation comes on the heels of an exceptionally successful period for the firm and its funds' portfolio companies. Deribit's recent acquisition by Coinbase was the largest M&A deal in crypto industry history and the initial public offerings of Circle and eToro were both received as highly successful, with Circle stock soaring 168% on its NYSE debut and eToro launching with an over 10x oversubscribed offering on Nasdaq. Additionally, 1RT Acquisition Corp., a SPAC focused on digital assets and technology-enabled businesses, particularly those in the cryptocurrency, blockchain, and fintech sectors, successfully completed a $172.5 million oversubscribed IPO on Nasdaq. With additional portfolio companies currently engaged in preparation for public debuts, the firm is well-positioned to continue capitalizing on the growth of the digital asset ecosystem.

"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," commented 50T Founder, CEO & CIO, Dan Tapiero. "Today, we estimate that we're already at $5 trillion, far exceeding our initial timeline, which is why we're adjusting our outlook upward. Recent successes like the Circle IPO and Deribit acquisition demonstrate the maturity of this sector and validate our investment thesis that all value will eventually move on-chain."

As part of the rebranding, 50T has launched a new digital presence, including updated social media channels and a new website at 50Tfunds.com. The company maintains active engagement with its community through its official X and LinkedIn accounts.

About 50T

Under the combined brand, 50T is a private equity fund manager with $2 billion AUM invested in leading digital asset businesses. Founded by Dan Tapiero, a seasoned macro investor with over 30 years of experience at firms including Tiger Management, Duquesne Capital Management, SAC Capital Advisors, and Steinhardt Management Co., the company focuses on later-stage digital asset businesses. 50T's strategy seeks to provide exposure to the "picks and shovels" of the blockchain, crypto, and Web3 industries through a concentrated portfolio approach that emphasizes structured downside protection and superior governance through active board participation.

For more information, visit 50Tfunds.com or follow 50T on X and LinkedIn.

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SOURCE 1Roundtable Partners