Season 5 of The Scoop featured an insightful discussion with The Block’s Frank Chaparro and Dan Tapiero, CEO of 1RoundTable Partners & 10T Holdings.
Tapiero, a key figure in the digital asset ecosystem, shared his perspective on the impact of the recent market rally on deal flow in the secondary market. Despite the market’s rally, Tapiero remains optimistic about the industry’s future growth trajectory.
One significant observation Tapiero shared was the lack of a significant uptick in valuations in crypto’s secondary market in Q4. He attributed this partly to the absence of private equity firms that withdrew from the space after the FTX meltdown.
Tapiero noted that the industry had experienced “blow ups,” with some players exiting the market. However, he anticipates increased competition in the near future and is in the process of raising a fourth growth equity fund to invest in digital assets, expressing concern that prices will soon begin to rise.
The insights shared in this episode provide valuable perspective for those navigating the complexities of crypto and NFT investing in a rapidly evolving market. For those wanting to delve deeper into this discussion, the podcast episode can be found on various platforms such as YouTube, Apple Podcasts, Spotify, Google Podcasts, and Stitcher. Feedback and requests for revisions can be directed to [email protected].
