Blockchain pioneer Dan Tapiero envisions a $50 trillion potential market for the technology.
In the rapidly evolving world of blockchain, cryptocurrency, and Web3, Dan Tapiero's prediction of a potential $50 trillion market capitalisation for the digital asset landscape within the next decade is gaining traction. This upward revision from his initial $10 trillion projection in 2020 reflects accelerating institutional adoption, significant milestones like the Circle IPO and Deribit's acquisition, and a belief that "all value will eventually move on-chain" as blockchain technology evolves towards scalability, security, and interoperability for mainstream use.
To reflect this new market outlook, Tapiero has rebranded his previous private equity entities, 10T Holdings and 1RoundTable Partners, into a single entity called 50T. This consolidation is a clear indication of the firm's focus on blockchain infrastructure and scalable Web3 solutions.
The cornerstone of 50T's strategy is the launch of a $500 million growth equity fund, dubbed 50T Fund V. This fund is aimed at backing later-stage blockchain and Web3 infrastructure companies capable of driving long-term value creation. The fund focuses on investments that support the underlying infrastructure and "picks and shovels" of the digital asset ecosystem, while emphasising structured downside protection and active governance through board participation.
Notable strategic investments by 50T include established players like Circle, Deribit, and eToro, underscoring confidence in institutional capital flows and the sector’s evolution. The firm’s growth equity fund operates as a 10-year closed-end fund, with the first close planned for Q4 2025.
With over 30 years of investment experience at major firms, Tapiero brings deep industry expertise and macroeconomic insight to 50T's strategy, positioning the firm to capitalise on the sector’s expansion amid evolving regulatory clarity and increasing blockchain adoption.
In a nutshell, 50T's strategy is centred around identifying businesses addressing scalability, security, and interoperability challenges for blockchain's integration into mainstream systems. The firm's rebranding and the launch of a $500 million growth equity fund are clear signs that 50T is ready to play a significant role in the expected exponential growth of the digital asset ecosystem over the coming decade.
In alignment with the burgeoning digital asset landscape and the evolution of blockchain technology, 50T, previously known as 10T Holdings and 1RoundTable Partners, has rebranded to demonstrate a focus on blockchain infrastructure and scalable Web3 solutions. This strategic shift is evident through the launch of 50T Fund V, a $500 million growth equity fund, targeting long-term value creation within the digital asset ecosystem.
