CMT Digital Raises $136M for Blockchain Fund, Allocating 25% for Investments

Chicago-based venture capital firm CMT Digital has closed a massive $136 million fund dedicated to supporting blockchain startups. The firm has allocated nearly 25% of the funding immediately, signaling a swift and decisive approach towards investing in this burgeoning industry. This new fund marks CMT Digital’s fourth foray into blockchain ventures, focusing on DeFi, security, and Web3 infrastructure innovations.