Crypto-Focused 10T Holdings to Raise $500M in New Fund

Crypto-Focused 10T Holdings to Raise 0M in New Fund
Crypto-focused private equity firm 10T Holdings plans to raise $500 million in a new fund for the digital assets ecosystem (DAE), according to a regulatory filing. 10T has already raised $750 million since it was founded last year. The new 10T DAE 3.0 Fund caps a busy year for the firm. In September, 10T added $389 million in capital commitments to its war chest through two inaugural growth equity funds, 10T Fund and 10T DAE Expansion Fund. 10T had launched a $200 million 10T Holdings fund earlier this year to invest in cryptocurrency startups. The remainder of the firm’s funding…