10T Holdings
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F02%2Fbitcoin-funding.jpg&w=1536&q=40)
The former CEO of Sotheby’s has been tapped as an advisory partner for Tapiero’s launch
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F11%2FBLOCKWORKS_109_FUNDING_POURING_A_300-scaled.jpg&w=1536&q=40)
10T Holdings expects opportunities to crop up in the current downturn, with some crypto firms valued much less than in previous months
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F02%2Ffunding-2.jpg&w=1536&q=40)
The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F11%2FBLOCKWORKS_109_FUNDING_POURING_A_300-scaled.jpg&w=1536&q=40)
Some of the larger rounds include FTX’s $400 million and Phantom’s $109 million capital raises
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F01%2Fanimoca-brands-jan-22-1.jpeg&w=1536&q=40)
The new funding round increases Animoca’s valuation to $5.4 billion, the company said
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F09%2F20210915_Blockworks_DAS_2233-1.jpg&w=1536&q=40)
Founders of Morgan Creek Capital Management, 10T criticize hedge fund manager Ray Dalio’s remarks on crypto
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F02%2FDan-Tapiero-10T-Holdings-e1631127061591.jpg&w=1536&q=40)
Offerings look to invest in blue-chip private companies in the digital asset ecosystem.
Get the daily newsletter that helps thousands of investors understand the markets.