50T Launches $500M Fund as Blockchain Sector Heads Toward $50 Trillion - Tapiero

Dan Tapiero, a leading digital asset investor, has rebranded his private equity firms—10T Holdings and 1RoundTable Partners—into a unified entity called 50T. This strategic move reflects a revised market outlook, with Tapiero forecasting the blockchain sector could reach a $50 trillion valuation within the next decade. The rebranding aligns with the sector’s accelerated growth and maturation, outpacing earlier 2020 projections. The firm’s new focus emphasizes scalable blockchain ventures capable of driving long-term value creation.

The shift is underscored by key developments in the industry, including Circle’s initial public offering and Deribit’s acquisition, which Tapiero cited as evidence of institutional adoption and on-chain value creation. The 50T brand symbolizes a pivot toward high-impact opportunities in blockchain infrastructure and Web3, positioning the firm to capitalize on the sector’s evolving landscape. Tapiero’s analysis highlights a shift from speculative hype to foundational technological and financial innovation.

Complementing the rebranding, 50T is launching a $500 million growth equity fund to invest in established blockchain and Web3 infrastructure companies. The closed-end fund, with a ten-year investment horizon, targets enterprises poised for significant market influence. Initial fundraising is expected to conclude by the end of 2025, with the portfolio already including strategic stakes in Circle, Deribit, and eToro. These holdings signal confidence in the sector’s capacity to deliver sustained returns as adoption broadens.

Tapiero’s $50 trillion market projection, while ambitious, hinges on continued institutional buy-in and regulatory clarity. The firm’s track record in backing transformative blockchain projects suggests a focus on companies that address scalability, security, and interoperability—key challenges for the sector’s mainstream adoption. By consolidating resources under the 50T umbrella, the firm aims to streamline its ability to identify and nurture high-potential ventures in a rapidly consolidating market.

The launch of the $500 million fund underscores a broader trend of growth equity capital flowing into blockchain infrastructure. Unlike early-stage speculative bets, this fund targets mature companies with proven business models, aligning with a market phase where infrastructure becomes foundational. Tapiero’s strategy reflects a belief that the next decade will see blockchain’s value migrate from niche applications to core financial and technological systems, driving mass utility and valuation growth.

Analysts note that the rebranding and fund launch align with broader industry dynamics, including the maturation of decentralized finance (DeFi) and the rise of enterprise-grade blockchain solutions. However, achieving a $50 trillion market cap remains contingent on overcoming regulatory hurdles, macroeconomic conditions, and public sentiment toward digital assets. Tapiero’s vision, while optimistic, highlights the sector’s potential to redefine global capital markets if innovation outpaces risk management challenges.