The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold.

Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.

According to a Notice of Exempt Offering of Securities filing today with the U.S. Securities and Exchange Commission, or SEC, Tapiero and his 10T Holdings partners Michael Dubilier and Stan Miroshnik have given the regulatory body notice of a $200 million growth equity fund for crypto and blockchain firms. The filing shows the fund has already sold $124 million of the original investment.

The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. In addition, the fund has a $200,000 finders’ fee expense.

Tapiero spoke of the investment fund on Anthony ‘Pomp’ Pompliano’s podcast in November, saying he and “a bunch of partners” were buying private equity stakes in mid- to late-stage companies associated with digital assets. He specifically mentioned FinTech firm Figure Technologies, crypto exchange Kraken, and stablecoin issuer Paxos as possible firms in which to invest.

The 10T Holdings founder is no stranger to investments, but prior to the crypto boom, some of his business was in gold. Tapiero helped co-found Gold Bullion International in 2009 and has been actively speaking about the potential of the crypto ecosystem, including Bitcoin (BTC), as adoption of digital assets accelerates.

Source: cointelegraph