1RoundTable Partners (1RT), a cryptocurrency private equity (PE) fund company founded by 10T Holdings founder Dan Tapiero, announced the launch of a new venture fund focused on growth-stage startups. The fund has a maximum fundraising target of US$800 million and a minimum fundraising target of US$800 million. It has a capital of US$200 million and will close in March 2024.
It is reported that this new fund will focus on growth-stage companies in three main areas, namely infrastructure, blockchain and financial services, as well as smaller areas, including blockchain games, NFTs and the Metaverse. (TechCrunch)