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 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.
Source: https://cryptobriefing.com/cmt-digital-raises-136m-for-fourth-blockchain-fund/
