San Francisco-based venture capital firm Tribe Capital is reportedly seeking to raise $100 million for its new crypto-focused fund, "Digital Future Fund I". The Arjun Sethi-founded VC firm has backed around 15 crypto firms, including Polygon and the now-infamous FTX. Tribe Capital plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects, and real-world assets on the chain. With this fund, Tribe aims to drive the development of protocols providing liquidity, security, scalability, and cross-chain compatibility so that the crypto space regains its trust.