The Institutionalization
of Crypto

Digital assets are entering their most consequential phase — full integration into the global financial system. 50T invests in the companies building the institutional rails that will define this era.

$200Bn+

Spot crypto ETF AUM

100+

Public companies with crypto on balance sheet

$80Bn+

AUM in BlackRock's spot Bitcoin ETF

Spot Bitcoin and Ether ETFs unlocked the first regulated, scaled on-ramp from traditional capital markets — converting decades of allocator caution into measurable institutional balance-sheet exposure within a single 12-month window.

From early movers like MicroStrategy to Fortune 500 treasuries, public companies are deploying digital assets as a strategic reserve — accelerated by FASB fair-value accounting and a meaningfully clearer U.S. regulatory perimeter.

IBIT became the fastest-growing ETF in U.S. history, surpassing $80B in assets within 18 months of launch. Fidelity, Franklin Templeton, Invesco, and Bitwise have all followed with their own spot crypto products — and Bitcoin is just the entry point.

Crypto is no longer a parallel asset class. It is being absorbed into the architecture of global finance — and the companies operating the on-ramps will define this cycle's winners.

Where We Invest

Building the Institutional Stack

Public Market Gateways

Listed exchanges, brokers, and issuers (Circle, Gemini, eToro, Coinbase) that bring digital-asset liquidity and yield into the regulated equity and ETF universe — converting speculative capital into permanent institutional ownership.

Custody, Prime & Settlement

Institutional-grade custodians, prime brokers, and staking/settlement networks (Figment, Ledger Enterprise, Anchorage) delivering the security, compliance, and operational standards banks and asset managers require to deploy meaningful capital onchain.

Regulated Investment Products

Asset managers, fund administrators, and structured-product issuers building ETFs, separately managed accounts, and yield products that fit cleanly inside the mandate of every traditional allocator — from family offices to pensions.

Invest with 50T

Fund V provides exposure to the leading private companies driving institutional adoption across the digital asset ecosystem.