This former economic analyst explains the untapped potential of the cryptocurrency market, which could be worth trillions of dollars.
In the latest episode of The Scoop, Frank Chaparro and Dan Tapiero, Founder and CEO of 1RoundTable Partners & 10T Holdings, discussed the recent market rally and its impact on the secondary market. Tapiero, who manages two growth equity funds focused on the digital asset ecosystem, is optimistic about the future growth trajectory of the industry.
Tapiero highlighted that valuations in the secondary market of cryptocurrencies have not yet experienced a significant increase in Q4. One reason for this, according to Tapiero, is the departure of private equity firms that got caught up in the FTX scandal. However, he believes that this lack of competition will not last long, as he is currently in the process of raising a fourth growth equity fund to invest in digital assets.
Tapiero expressed concerns that prices are about to start rising, and he wants to capitalize on the potential upside. Despite previous market blow-ups, Tapiero remains bullish on the industry’s long-term prospects.
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