CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown

CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown

Despite a challenging macroeconomic environment for venture capital, the new fund highlights investor confidence in web3 startups and blockchain innovation.

Vivian Nguyen

Powered by Gloria

Updated 1:24 p.m. ET

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 amid a tough market for VCs.

The firm plans to continue supporting startups that challenge traditional financial institutions while remaining open to emerging categories in the blockchain and crypto space. CMT Digital recently collaborated with a former Pantera Capital executive to support fundraising efforts for its latest fund.

CMT Digital led pre-seed funding for Axal, a project building a network for verifiable autonomous agents as part of its ongoing investment activity in the blockchain space.

CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown

CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown

Despite a challenging macroeconomic environment for venture capital, the new fund highlights investor confidence in web3 startups and blockchain innovation.

by Vivian Nguyen | Powered by Gloria

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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 amid a tough market for VCs.

The firm plans to continue supporting startups that challenge traditional financial institutions while remaining open to emerging categories in the blockchain and crypto space. CMT Digital recently collaborated with a former Pantera Capital executive to support fundraising efforts for its latest fund.

CMT Digital led pre-seed funding for Axal, a project building a network for verifiable autonomous agents as part of its ongoing investment activity in the blockchain space.