CMT Digital lands $136 million for latest crypto venture fund despite VC slowdown
Summary
CMT Digital, a venture capital firm specializing in early-stage blockchain investments, has secured $136 million for its fourth fund, defying the current challenging venture capital market. This new fund signals continued investor confidence in web3 startups and blockchain innovation. The firm intends to use these resources to support startups that aim to disrupt traditional finance and explore emerging categories within the crypto and blockchain sectors. CMT Digital recently participated in leading the pre-seed funding for Axal, a project developing a network for verifiable autonomous agents.
(Source:Crypto Briefing)