{"id":81054,"date":"2024-06-12T05:48:46","date_gmt":"2024-06-12T09:48:46","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=81054"},"modified":"2024-06-12T05:48:49","modified_gmt":"2024-06-12T09:48:49","slug":"cmt-digital-seeks-150m-for-fourth-crypto-fund","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cmt-digital-seeks-150m-for-fourth-crypto-fund\/","title":{"rendered":"CMT Digital Seeks $150M for Fourth Crypto Fund"},"content":{"rendered":"\n

CMT Digital aims to raise $150M for its fourth and largest crypto fund<\/a>, focusing on long-term investments.<\/p>\n\n\n\n

\"CMT
CMT Digital Seeks $150M for Fourth Crypto Fund<\/figcaption><\/figure>\n\n\n\n

CMT Digital, a venture capital firm, is reportedly seeking to raise $150 million in capital for its fourth fund, which will concentrate on long-term crypto investments<\/a>.<\/p>\n\n\n\n

Fortune reports that fundraising commenced one month ago. The fund would be the greatest of the firm if it were to be successful, following the $25.5 million, $130 million, and $100 million raised by its first three funds.<\/p>\n\n\n\n

“The next wave of innovation is currently being driven by decentralized physical infrastructure<\/a>,” stated investment partner Sam Hallene in an interview with Fortune.<\/p>\n\n\n\n

He cited the Solana-based wireless network Helium and application-specific hardware. Hallene also disclosed that the organization is intrigued by stablecoins for their potential applications in global remittances and as yield-bearing tokens.<\/p>\n\n\n\n

The raise is being managed by Gerald Formation Brant, the Head of Capital, who has previously served in the same capacity at Pantera Capital and BlockTower Capital. “I played for the Yankees when I was at Pantera, I've played for the Red Sox, so to speak, at BlockTower, and now I'm with the Chicago Cubs, where the games are more fun,” Brant indicated to Fortune.<\/p>\n\n\n\n

Since 2018, CMT Digital, a subsidiary of CMT Group, has made investments in over 150 crypto-related companies, such as Consensys, Coinbase\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, and Circle.<\/p>\n","protected":false},"excerpt":{"rendered":"

CMT Digital aims to raise $150M for its fourth and largest crypto fund, focusing on long-term investments. CMT Digital, a venture capital firm, is reportedly seeking to raise $150 million in capital for its fourth fund, which will concentrate on long-term crypto investments. Fortune reports that fundraising commenced one month ago. The fund would be […]<\/p>\n","protected":false},"author":36,"featured_media":81056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[19959,4224],"class_list":["post-81054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-cmt-digital","tag-crypto-fund"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/MIAQjTas_400x400.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/81054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=81054"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/81054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/81056"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=81054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=81054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=81054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}