According to The Block, 10T Holdings, an encryption investment company founded by hedge fund veteran Dan Tapiero, will no longer conduct any financing. He will turn his attention to new cryptocurrency private equity firm 1RoundTable (1RT) Partners. Tapiero said in an interview that 10T has three funds and there will be no new 10T funds. According to previous news, Dan Tapiero plans to launch an encrypted private equity firm 1RoundTable Partners, which aims to raise up to $1 billion for the flagship fund 1RT Opportunities Fund by the end of the third quarter. The fund will focus on supporting the equity of mid-to-late stage digital asset companies that "have substantial appreciation potential in the next 5 to 10 years." The fund has received backing from hedge fund billionaire Alan Howard.