Fortis Digital Ventures Closes $100M Crypto Fund







Fortis Digital, BellevueThe closing of a $100 Million raise by a WA-based crypto investment firm, ‘Blockchain Investment Firm’, was announced by. 

The fund’s goal is to bridge the gap between TradFi & DeFi, bringing investors closer towards Web3 opportunities. Fortis DigitalThe company invests in innovative, secure and scalable software projects that are built by the best engineers.

TheThe team, which was founded recently, is made up of technology experts and hedge fund veterans. Mike BoroughsCo-founder of a RIA with $250M in AUM. Chris CapriccioFormer LegalZoom Vice President of Engineering who created the tech stack which culminated in the company’s 2021 IPO. AdditionallyThe founders also added Cameron SikesFounder of Deep Ellum CapitalTo head up Business DevelopmentWeb3 Evangelization.

TheThe firm uses a 100-point due diligence process to conduct fundamental analysis on business structure, leadership, technology, tokenomics reviews, and to determine which coins have a favorable risk-reward ratio. To determine entry and exit points, market analysis is performed. This allows portfolio exposure to be adjusted in response to changing market conditions.

FinSMEs

18/05/2022






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