Private Equity – Digital Asset Ecosystem
About
Founded in 2021 by macro investor Dan Tapiero, 50T invests exclusively in the growth-stage of the Digital Asset Ecosystem (DAE). Believing that “all things of value will move on-chain,” they utilise disciplined underwriting, extensive operational and governance expertise, and thesis-driven diligence to assess opportunities and construct portfolios.
Investment Approach
50T invests in growth-stage “picks and shovels” businesses in the DAE, as well as growth-stage tokens, distressed/takeover opportunities, and special situations (credit, pre-IPO). The fund leverages their unique visibility and experience gained through five years of ownership, governance and operations at the center of the Digital Asset Ecosystem, creating diversified, volatility-minimizing exposure to the continuing growth of the space. 50T do not invest in venture-stage projects. They leverage their unique expertise in macro, trading and risk management to build exposure to the growth of blockchain and digital assets through mature, established businesses, limiting volatility and downside. They employ strong price discipline and value consideration for all investments.
People
50T's unique combination of skills and experience as investors, operators, and directors positions them at the centre of the DAE, creating a distinct ability to identify and evaluate investment opportunities and to facilitate better outcomes for their companies across the sector. Through their portfolio and process, 50T occupy a distinct role in the space as a thought leader, connector and voice of judgement. Across 23 portfolio companies they hold 11 board and observer seats. 50T are actively involved with portfolio companies, fostering partnerships and providing strategic support.
