Fortis Digital Ventures closing $100 million raise for new crypto fund

Even as more traditional financial players enter the crypto world, blockchain investor Fortis Digital Ventures is closing a $100 million crypto fund that aims to bridge the gap between the old and new finance worlds.
“By building an investment fund focused on blockchain opportunities, we get to spend our time doing due diligence on teams and tech in web3, which gives us insight into what is missing in the market,” Mike Boroughs, co-founder and managing partner of Fortis Digital Ventures, told TechCrunch.
The new fund will be run by former hedge fund veterans and engineers, including Boroughs,

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