Dan Tapiero’s 10T will launch $500M fund for late-stage crypto firms

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With the addition of the new fund, 10T Holdings’ assets under management would likely exceed $1 billion.
Macro investor Dan Tapiero is launching another multimillion dollar fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.According to a Notice of Exempt Offering of Securities filing with the U.S. Securities and Exchange Commission on Monday, Tapiero and his 10T Holdings partners Michael Dubilier and Stan Miroshnik have given the regulatory body notice of a $500 million growth equity fund for crypto and blockchain firms. The filing shows the fund has not yet sold any of the original investment.The 10T DAE Fund 3.0 is the third to come from the growth equity firm following a $200 million fund launched in February and a $750 million fund in September. The company lists 14 crypto and blockchain firms in its portfolio, including Kraken, eToro, Huobi, Mercado Bitcoin, Gemini, Bitfury, and Le

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