1roundtable

ChainCatcher news, announced by 10T Holdings founder Dan Tapiero, the cryptocurrency-focused venture capital firm 1RoundTable has declared that it will raise up to $800 million for a new venture fund focused on growth-stage startups, with plans to raise at least $200 million by the time the fund closes in March 2024.1RoundTable stated that the fund will focus on growth-stage companies in three main areas: infrastructure, blockchain, and financial services. The fund will also seek to invest in smaller sectors: blockchain gaming, NFTs, and the metaverse.

ChainCatcher news, the crypto investment firm 10T Holdings, founded by hedge fund veteran Dan Tapiero, will no longer pursue any further fundraising. Tapiero stated in an interview: "10T has three funds, and there will be no new 10T funds."Tapiero will now raise funds through a new private equity firm, 1RoundTable Partners, with investment opportunities broadly categorized into three types: the new era digital asset ecosystem, digital asset ecosystem infrastructure, and the metaverse category, which includes companies focused on NFTs. At the same time, Tapiero remains optimistic about the prospects of crypto companies going public, whether in the U.S. or abroad. Tapiero said: "The second half of 2024 and 2025 could be a good time. I think you will see some cryptocurrency companies going public then."He added: "It doesn't necessarily have to be listed on Nasdaq; there are many exchanges around the world." About 65% of 10T's portfolio is located outside the U.S.Previously, ChainCatcher reported that 10T Holdings founder Dan Tapiero plans to launch a new cryptocurrency private equity (PE) fund company, 1RoundTable Partners, aiming to raise up to $1 billion for its flagship fund, 1RT Opportunities Fund, by the end of the third quarter. (source link)