Veteran investor Tapiero predicts that the cryptocurrency economy will reach a scale of 50 trillion Dollars in the next 10 years.

## Establishment of a new fund of 500 million Dollars

On July 21, 10T Holdings and 1 Round Table Partners announced their integration into a new brand "50T". At the same time, they announced the establishment of a new fund "50T Fund 5" with a scale of 500 million Dollars, which will focus on growth stock investments in blockchain, cryptocurrency, and Web3 infrastructure as a closed-end fund over 10 years.

This integration is a move following the successive successes of portfolio companies. The $2.9 billion acquisition of Deribit by Coinbase in May became the largest M&A deal in the history of the cryptocurrency industry, and the IPOs of Circle and eToro also achieved great success.

50T manages 2 billion dollars in assets under the integrated brand and actively implements governance through participation in the boards of portfolio companies. With a concentrated approach to "pick and shovel" (companies providing infrastructure and tools) investments, it emphasizes structured downside protection and excellent governance.

The initial closing of the new fund is scheduled for the fourth quarter of 2025, and additional portfolio companies are also preparing for public offerings. 50T is strengthening its digital presence through the new website "50Tfunds.com" and social media accounts, aiming to build an active relationship with the community.

Additionally, Dan Tapiero, the founder with over 30 years of investment experience from Tiger Management and the founder of the fund, stated about the digital asset ecosystem (cryptocurrency economy), "When we established 10T in 2020, we predicted growth from $300 billion to $1 trillion." On the other hand, he indicated a forecast that it will reach a scale of $50 trillion in the next decade, making an upward revision based on the current growth record that has already reached a scale of $5 trillion.