A Major Company Holding Over 150 Cryptocurrency Investments Announces a New Fund of $150 Million with an Exciting Altcoin Mentioned!
CMT Digital, a prominent venture capital company, is looking to secure $150 million for its fourth fund, focusing on long-term investments in cryptocurrency. This fund, if successful, will be the largest in the company’s history, following previous funds of $25.5 million, $130 million, and $100 million.
Investment partner Sam Hallene shared that CMT Digital is committed to long-term investments in companies with promising visions for the future, spanning three to seven years. He highlighted Helium (HNT) as an example of the next wave of innovation in decentralized physical infrastructure, such as the Helium wireless network on the Solana blockchain.
In addition to infrastructure projects, Hallene mentioned the growing interest in stablecoins for global remittances and yield-generating tokens like Ethena’s USDe. CMT Digital, known for its investments in over 150 cryptocurrency and blockchain companies since 2018, continues to explore new opportunities in the evolving crypto landscape.
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