Venture capital firm, Tribe Capital, has launched a new crypto fund to raise $100 million.
The tribe plans to channel the funds into early-stage layer 1 and 2 ecosystems and DeFi projects.
The San Francisco-based company with $1.6 billion in assets under management will invest $500,000-$3 million in these projects to bring real-world assets on-chain. 
This development comes amid a drastic plunge in venture capital investment value in the crypto and blockchain ecosystem….
Read More: Tribe Capital Launches $100 Million Crypto Fund Targeting Layer 1, 2, and DeFi Projects – Bull Market Back?