THELOGICALINDIAN - Dan Tapieros armamentarium has already anchored 124 actor to advance in midtolate date crypto companies
Since growing a absolute acreage authority with billionaire broker Stan Druckenmiller, Dan Tapiero has a new focus. This time, he wants to accomplish crypto investments beneath airy for institutions.
Fund to Support Growth-Stage Crypto Firms
10T Holdings will seek out crypto companies with action ethics of over $400 actor in charge of funding. Up to 15 companies will accept about $20 actor each.
The armamentarium fabricated a regulatory filing apropos its affairs and looks to be the aboriginal advance disinterestedness armamentarium of this nature. While added firms are allotment beginning crypto companies, few are absorption on added absolute projects.
Critically, this agency the accident contour for 10T Holdings is lower than absolute funds such as Pantera.
This will acceptable address to a added basin of boilerplate and traditional investors, abounding of whom accept yet to access the crypto amplitude due to its aerial volatility.
Tapiero’s Track Record Speaks for Itself
Tapiero ahead formed with billionaire broker Stan Druckenmiller to begin a absolute acreage armamentarium that became one of the better agronomical landholders in the U.S., accumulating $450 billion assets beneath administration in aloof seven years.
Druckenmiller has ahead stated he had “warmed up” to Bitcoin, saying, “Frankly, if the gold bet works, the bitcoin bet will apparently assignment better.”
Taperio additionally launched GBI, the world’s third-largest non-banking gold basement operation.
Now axis his focus to crypto, Dan Tapiero will accommodate acute banknote injections to crypto unicorns whose net account is angry up in equity, as able-bodied as later-stage companies. Tapiero is already partnered with Morgan Stanley controlling Stan Miroshnik, who has formed in agenda assets for six years.
Miroshnik was CEO of Element Group, a fintech coffer that ahead aloft $300 actor for assorted projects, including agenda assets firms.
Tapiero reportedly categorical Kraken and Paxos as abeyant advance targets.
Disclosure: At the time of writing, the columnist captivated Bitcoin.
