{"id":49149,"date":"2021-09-09T13:49:16","date_gmt":"2021-09-09T10:49:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49149"},"modified":"2025-09-02T11:13:39","modified_gmt":"2025-09-02T08:13:39","slug":"10t-holdings-attracts-750-million-for-launched-crypto-startup-funds","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/10t-holdings-attracts-750-million-for-launched-crypto-startup-funds\/","title":{"rendered":"10T Holdings attracts $750 million for launched crypto-startup funds"},"content":{"rendered":"

The aggregate assets under management by 10T Holdings of Dan Tapiero for investing in fast-growing crypto companies reached<\/a> $750 million.<\/p>\n

On September 9, the company announced the successful closing of the growth funds 10T Fund and 10T DAE Expansion Fund with AUM<\/span> of $389 million.<\/p>\n

The idea of launching the first 10T Fund A structure emerged in late 2020. In January 2021, 10T Holdings filed<\/a> the necessary filings with the SEC<\/span>.<\/p>\n

The fund has already allocated 80% of the capital raised to mid- and late-stage companies. Among them are Kraken, Ledger, Figure, Deribit, Bitfury, Huobi, eToro, Figment, Animoca Brands and Helium. The funds themselves do not invest in cryptocurrencies.<\/p>\n

Among its backers are billionaire Alan Howard and the Michigan State Employees Retirement System, according to Bloomberg<\/a>.<\/p>\n

\n

“We have a good portfolio of companies. Three years ago, there were few startups; the space is developing rapidly. I think Bitcoin will rise to $400,000-$500,000, but the path will be associated with high volatility”<\/em>, \u2014 Tapiero said.<\/p>\n<\/blockquote>\n

In August, 10T Holdings took a stake in<\/a> the capital of the Deribit cryptocurrency-derivatives exchange.<\/p>\n

In July, Franklin Templeton, with $1.4 trillion AUM backed<\/a> the Galaxy Digital fund of crypto funds for $34 million.<\/p>\n

Follow ForkLog news on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The aggregate assets under management by 10T Holdings of Dan Tapiero for investing in fast-growing crypto companies reached $750 million.<\/p>\n","protected":false},"author":1,"featured_media":49150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,1223,1133],"class_list":["post-49149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-startups","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49149"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49149\/revisions"}],"predecessor-version":[{"id":49151,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49149\/revisions\/49151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49150"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}