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Dan Tapiero Rolled Out $200M investment fund Dedicated to Mid- to Late-stage Crypto Entities

By Chris Torres | February 8, 2021
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Macro investor Dan Tapiero has reportedly rolled out  a $200 million fund, dedicated to making investments in mid- to late-scale firms across the crypto asset ecosystem. 

Specifically, per a Notice of Exempt Offering of Securities received by the US SEC, Tapiero and his 10T Holdings partners Michael Dubilier and Stan Miroshnik have reportedly provided notice for the authoritative entity, regarding their $200 million growth equity fund, focusing on crypto and blockchain companies. 

The filing reportedly showed the company has finalized the selling of $124 million of the original investment.

The SEC filing notes the 10T Fund’s first sale took place on January 29th, with $76 million still available to be sold. Furthermore, the fund has a $200,000 finders’ fee expense.

Tapiero reportedly discussed details of the investment fund on Anthony ‘Pomp’ Pompliano’s podcast in November last year, claiming he and numerous associates were purchasing private equity stakes in mid- to late-stage firms, in connection with crypto assets. 

He particularly referred to fintech entity Figure Technologies, crypto exchange Kraken, Figure Technologies, crypto exchange Kraken, as well as stablecoin issuance entity Paxos – as establishments where he’ll direct his funds at. 

The 10T Holdings founder has been a seasonal player when it comes to investing, but before the crypto boom took place, numerous of his businesses were associated with gold. Tapiero contributed to the establishment of Gold Bullion International in 2009, and has been adopting a pro-attitude regarding the possibility of the crypto ecosystem, including Bitcoin (BTC).

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