This former macro expert explains the $10 trillion opportunity in cryptocurrencies.
Episode 108 of The Scoop Season 5 was recorded as follows: The Block’s Frank Chaparro and Dan Tapiero, founder and CEO of 1RoundTable Partners and 10T Holdings.
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Dan Tapiero is the founder and managing partner of 10T Holdings and 1RoundTable Partners, two growth equity funds operating across the digital asset ecosystem.
In this episode, Tapiero provides an overview of how the recent market rally has affected deal flow in the secondary market and explains why he remains strongly optimistic about the future growth trajectory of the industry.
According to Tapiero, the value of the cryptocurrency secondary market has yet to see a notable rise in the fourth quarter, in part due to the lack of private equity firms holding on to their positions in the wake of the FTX collapse.
“There were a lot of blowouts and it seemed like most of the people who couldn’t ski were gone,” Tapiero said.
However, Tapiero does not believe that his relative lack of competition in the cryptocurrency secondary market will exist for long. He is currently raising a fourth-growth stock fund to invest in digital assets as he is “worried that prices will start to rise.”
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About the author
Davis Quinton is the Director of Podcasts at The Block and has a flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an ‘intern’ in early 2022, he has worked closely with leaders across multiple departments to translate The Block’s written content into engaging multimedia formats. He is a graduate of the Department of Social Studies & Public Policy at New York University, Abu Dhabi, and is based in Sydney, Australia.