Launch of 1Round Table Partners: A New Digital Asset Private Equity Fund

02/23/2023 00:42 • AI Insights • 113 views

On February 23, Dan Tapiero, founder of 10T Holdings, planned to launch the new cryptocurrency private equity (PE) fund company, 1Round Table Partners, with the goal of raising up to US $1 billion for the flagship fund 1RTO Opportunities Fund by the end of the third quarter. The fund will focus on supporting the equity of digital asset companies in the middle and later stages that have significant appreciation potential in the next five to 10 years. At present, it has received the support of hedge fund billionaire Alan Howard. （Blockworks）

The founder of 10T Holdings plans to launch a new cryptocurrency PE fund of US $1 billion

Analysis based on this information:

Dan Tapiero, founder of 10T Holdings, recently announced the launch of his new private equity (PE) fund company, 1Round Table Partners. The company aims to raise up to US $1 billion for the flagship fund called 1RTO Opportunities Fund by the end of the third quarter. The fund will specifically focus on supporting the equity of mid to late-stage digital asset companies that exhibit significant appreciation potential over the next five to ten years.

This announcement comes as no surprise as the cryptocurrency industry has been growing rapidly over the past few years. More investors are becoming interested in cryptocurrencies and digital assets, and funds like 1Round Table Partners present a new opportunity for these investors to diversify their portfolios further. Digital assets are now at a stage where they have become a mainstream asset class and have garnered attention from traditional investors, especially after the recent surge in Bitcoin prices.

1Round Table Partners will be joining other funds like Fidelity Digital Assets and Grayscale Investments, which have been offering cryptocurrency investment opportunities. However, 1Round Table Partners’ focus on private equity investments in digital assets makes them specialized and unique in the industry.

The support of hedge fund billionaire Alan Howard confirms the interest and credibility of 1Round Table Partners in the industry. Hedge funds have been hesitant to invest in cryptocurrencies and digital assets for various reasons, including volatility and lack of regulation. However, the entry of well-known investors like Howard could spark more interest and confidence in digital assets.

In conclusion, 1Round Table Partners’ launch signifies that the cryptocurrency industry’s growth has not slowed down. The fund presents an opportunity for investors to diversify their portfolios further and invest in a specialized sector of digital assets. With the support of hedge fund billionaire Alan Howard, this could potentially spark more hedge funds’ interest in digital assets and cryptocurrencies.

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Launch of 1Round Table Partners: A New Digital Asset Private Equity Fund

The founder of 10T Holdings plans to launch a new cryptocurrency PE fund of US $1 billion

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