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

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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.

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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.

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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.



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