10T Holdings plans to raise $1 billion for a new cryptocurrency private equity fund

ChainCatcher news, 10T Holdings founder Dan Tapiero plans to launch a new cryptocurrency private equity (PE) fund 1RoundTable Partners, aiming to raise up to $1 billion for its flagship fund 1RT Opportunities Fund by the end of the third quarter.

The fund will focus on supporting equity in mid-to-late stage digital asset companies that have "significant appreciation potential in the next 5 to 10 years." It has currently received backing from hedge fund billionaire Alan Howard. (Blockworks)