US EditionCMT Digital Closes $136 Million Fund IV to Invest in the Next Phase of Crypto Adoption
CMT Digital secured $136 million from family offices, high-net-worth individuals, and institutions to invest in blockchain infrastructure amid a challenging fundraising environment.
- Recently, Chicago-based CMT Digital closed its fourth venture fund, raising $136 million after a challenging market environment, the firm said.
- Amid a down year for VC fundraising, analysts say high interest rates and an IPO drought that's only recently subsiding have hurt the venture capital industry.
- CMT Digital, founded in 2017, has invested in over 200 crypto businesses and backed Coinbase, Circle, and Figure before their public listings.
- Attracted a mix of investors, Fund IV will invest in founders building infrastructure for crypto adoption, and Sam Hallene said the firm secured trust from existing and new LPs.
- Across four funds, CMT Digital backs blockchain-native infrastructure, with Fund IV continuing a decade-long thesis, said Sam Hallene: `Since launching our venture practice in 2017, our mission has been to back outlier founders with bold visions made possible by public, decentralized blockchains. Eight years in, the value creation, deep partnerships, and impact we've experienced have exceeded every expectation, yet it still feels like the journey is just beginning.
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23 Articles
PR Newswire
CMT Digital Closes $136 Million Fund IV to Invest in the Next Phase of Crypto Adoption
/PRNewswire/ -- CMT Digital, a leading global venture capital firm focused on early-stage investments that accelerate the adoption of blockchain technology,...
CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown - WorldNL Magazine
Despite a challenging macroeconomic environment for venture capital, the new fund highlights investor confidence in web3 startups and blockchain innovation. Key Takeaways CMT Digital, a venture capital firm, raised $136 million for its fourth fund focused on blockchain and web3. The firm's latest fund targets early-stage investments that help accelerate blockchain adoption, particularly in emerging web3 sectors. CMT Digital, a venture capital …
CMT Digital locks down $136m fund for crypto startups
The post CMT Digital locks down $136m fund for crypto startups appeared on BitcoinEthereumNews.com. CMT Digital now commands a $136 million investment vehicle, leveraging its trading heritage to identify and scale promising infrastructure and DeFi protocols. Summary CMT Digital has closed its fourth fund at $136 million to back crypto startups in infrastructure and DeFi. The raise comes amid a major downturn in crypto venture funding, which fell…
CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown - Invest In Crypto News
Key Takeaways CMT Digital, a venture capital firm, raised $136 million for its fourth fund focused on blockchain and web3. The firm’s latest fund targets early-stage investments that help accelerate blockchain adoption, particularly in emerging web3 sectors. Share this article CMT Digital, a venture capital firm focusing on early-stage blockchain investments, secured $136 million for its fourth fund, according to Fortune. The fundraising comes …
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