50T Launches $500M Fund for Blockchain and Web3 Infrastructure Amid Industry Consolidation and Rising Institutional Demand

50T, a newly formed entity resulting from the merger of 10T Holdings and 1RoundTable Partners, has launched a $500 million growth equity fund targeting blockchain and Web3 infrastructure. The fund, set to close its first round by Q4 2025, aims to capitalize on the maturing infrastructure of decentralized technologies while addressing the growing institutional demand for crypto-related investments. With combined assets under management now at $2 billion, the merger positions 50T as a significant player in the crypto finance sector, emphasizing structured downside protection and active governance to safeguard capital.

The formation of 50T reflects a broader industry trend of consolidation among crypto-focused equity funds. By combining the expertise of 10T Holdings and 1RoundTable Partners, the new entity seeks to streamline operations and amplify its market presence. The fund’s focus on growth equity—distinct from early-stage venture capital—targets companies with established business models seeking expansion capital. This approach aligns with the increasing regulatory scrutiny on speculative crypto startups, as 50T prioritizes projects with scalable infrastructure, such as cross-border payment solutions and decentralized finance (DeFi) protocols.

Dan Tapiero, founder of 50T, has projected a transformative growth trajectory for the digital asset ecosystem. In a statement, he noted that the industry’s value has already surpassed $5 trillion, with a "realistic path" to reaching $50 trillion by the end of the decade. This forecast, while optimistic, underscores the long-term vision underpinning the fund’s strategy. Tapiero’s earlier projections—initially pegging the ecosystem at $10 trillion over a decade—have been revised to reflect evolving market conditions and technological advancements.

The 10-year closed-end structure of the 50T Fund is designed to balance flexibility and long-term value creation. By allocating capital to blockchain and Web3 projects, the fund addresses sectors with tangible commercialization potential, mitigating risks associated with speculative assets. Analysts highlight the strategic advantage of this timeframe, which allows for gradual returns in industries where infrastructure development often precedes immediate profitability. The fund’s emphasis on active governance further differentiates it, ensuring alignment between investors and project teams to navigate regulatory and operational challenges.

The launch of the 50T Fund also signals a shift in how traditional finance and crypto-native institutions collaborate. The merger of two firms with distinct crypto expertise exemplifies the adaptation of legacy private equity models to accommodate digital assets. This trend is likely to accelerate as blockchain technology disrupts traditional industries, from supply chain management to identity verification. By focusing on infrastructure, 50T aims to bridge the gap between speculative crypto markets and practical enterprise applications, appealing to institutional investors seeking stability in an otherwise volatile sector.

While the fund’s specific investment criteria remain undisclosed, its prior experience in private equity and crypto infrastructure suggests a preference for scalable, governance-driven projects. The fund’s approach contrasts with alternative crypto capital-raising methods, such as tokenized assets, which may carry higher regulatory complexity. By sticking to conventional equity structures, 50T targets a broader pool of institutional investors while navigating the evolving legal landscape of digital finance. This strategy positions the fund to attract capital amid a market increasingly wary of unproven tokenized models.

As the crypto equity landscape evolves, the 50T Fund represents a calculated effort to stabilize returns and attract institutional capital. By prioritizing infrastructure development and long-term growth, the fund addresses sector-wide volatility while fostering a bridge between traditional and digital finance. The $500 million vehicle is poised to influence key assets over time, reflecting a strategic alignment with the maturation of blockchain technology and its integration into mainstream financial systems.