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10T Holdings and 1RoundTable Merge to Form New Entity 50T and Launch $500 Million Fund
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According to Jinse Finance, crypto venture capital firm 10T Holdings has announced its merger with 1RoundTable Partners (1RT) and will be rebranded as 50T. The new entity will focus on digital asset businesses and emphasize a structured downside protection investment strategy. At the same time, 50T has launched a new fund, the 50T Fund, with a size of $500 million. The fund is expected to complete its first private fundraising round in the fourth quarter of this year.
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