Key Takeaways
- • CMT Digital closed its fourth venture fund, Fund IV, at $136 million, according to a PR Newswire release dated November 6, 2025.
- • The firm, a division of CMT Group, reports more than $600 million in assets under management across the U.S., APAC, and Europe.
- • Fund IV will back blockchain-native infrastructure for global markets, with 10 investments to date including FortyTwo, 1Money, D2X, Winston Artory Group, Odysseus, and Zylu.
- • CMT Digital says it has invested in crypto since 2016 and has backed Coinbase, Circle, and Figure before their public listings.
Summary
CMT Digital, a crypto-focused venture capital firm, has closed its fourth venture fund at $136 million, according to a PR Newswire announcement. Fund IV will invest in founders building infrastructure and applications for the next phase of crypto adoption, a period the firm describes as one in which regulators are clarifying digital asset frameworks and institutional participation is expanding. The firm, founded in 2017 and operating as a division of CMT Group, a diversified investment firm with more than 25 years of experience, reports over $600 million in assets under management with a presence in the U.S., APAC, and Europe.
The firm says it has invested in crypto since 2016 and has backed several companies before their public listings, including Coinbase, Circle, and Figure. Other portfolio companies cited include FalconX, Ethena, Maple, Zero Hash, Coinflow, and Andrena. The announcement describes four funds, each tied to a phase of crypto development: Fund I focused on access, including Coinbase, Circle, BitGo, Figure, FalconX, and Strike; Fund II on onchain infrastructure, including Consensys, dYdX, Pyth, Maple, and Sky Mavis; Fund III on expanding utility, including Ethena, EtherFi, Superstate, Hypernative, Coinflow, and Andrena; and Fund IV on re-architecting finance, with 10 investments to date.
Sam Hallene, Partner at CMT Digital, said the firm's venture practice, launched in 2017, aims to back founders using public, decentralized blockchains, and that the firm is "ready to help the next generation of visionaries build." Founder quotes included in the release come from Guy Young of Ethena, Raghu Yarlagadda of FalconX, and Dan Lev of Coinflow, who described CMT Digital as having led Coinflow's seed round in January 2024. The release notes that these quotes represent selected perspectives from portfolio companies and are not an endorsement of the firm's advisory services. The firm also states it has invested in over 200 blockchain and crypto-focused businesses, protocols, and tokens to date.
The firm says it has invested in crypto since 2016 and has backed several companies before their public listings, including Coinbase, Circle, and Figure. Other portfolio companies cited include FalconX, Ethena, Maple, Zero Hash, Coinflow, and Andrena. The announcement describes four funds, each tied to a phase of crypto development: Fund I focused on access, including Coinbase, Circle, BitGo, Figure, FalconX, and Strike; Fund II on onchain infrastructure, including Consensys, dYdX, Pyth, Maple, and Sky Mavis; Fund III on expanding utility, including Ethena, EtherFi, Superstate, Hypernative, Coinflow, and Andrena; and Fund IV on re-architecting finance, with 10 investments to date.
Sam Hallene, Partner at CMT Digital, said the firm's venture practice, launched in 2017, aims to back founders using public, decentralized blockchains, and that the firm is "ready to help the next generation of visionaries build." Founder quotes included in the release come from Guy Young of Ethena, Raghu Yarlagadda of FalconX, and Dan Lev of Coinflow, who described CMT Digital as having led Coinflow's seed round in January 2024. The release notes that these quotes represent selected perspectives from portfolio companies and are not an endorsement of the firm's advisory services. The firm also states it has invested in over 200 blockchain and crypto-focused businesses, protocols, and tokens to date.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.