About CMT Digital
CMT Digital is a venture capital firm founded in 2013. It is primarily based out of Chicago, United States. As of Mar 2026, CMT Digital is an active investor, having invested in 166 companies, with 13 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Series B round of TazaPay Overall, CMT Digital portfolio has seen 10 unicorns, 5 IPOs and 8 acquisitions including key companies like Circle, Coinbase and Consensys. A lot of funds co-invest with CMT Digital, with names like Sfermion sharing a substantial percentage of its portfolio. CMT Digital has team of 21 people including 2 partners.Key Metrics
CMT Digital's List of Top Investments
CMT Digital has a portfolio of 166 companies, including 10 unicorns. Their most notable investments are in Alpha5 and Teamway.Their portfolio spans across United States, Singapore, United Kingdom and 29 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 18 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by CMT Digital:1. Circle
Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
Key facts about Circle
- Founded Year: 2013
- Location: Boston (United States)
- Stage: Public
- Total Funding till date: $1.5B
- Employee Count: 1,468 as on May 31, 2026
- Investors: Fidelity Investments, 2020 Ventures and 51 Others
- Latest Funding Round: Series E, Aug 22, 2023, $*****
- Highlight: Public

2. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,411 as on May 31, 2026
- Investors: TrueBridge, Vibhu Venture Partners and 147 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public

3. Consensys
Developer of blockchain and web3 software platform. Its product suite includes MetaMask, Infura, Linea, Truffle, Diligence, and an NFT platforms that supports users with building a dApp, an NFT collection, a portfolio, managing digital assets, and more.
Key facts about Consensys
- Founded Year: 2014
- Location: Fort Worth (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $725M
- Employee Count: 745 as on May 31, 2026
- Investors: Next Round Capital, RAA Capital and 57 Others
- Latest Funding Round: Series D, Nov 09, 2022, $*****
- Highlight: Editors' Pick

4. CoinList
App-based trading platform for cryptocurrency. Its features include buying and selling crypto assets, depositing crypto, transferring crypto assets, and more. It also enables users to purchase crypto assets through token sales. The app is available on Android and iOS devices.
Key facts about CoinList
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $119M
- Employee Count: 73 as on May 31, 2026
- Investors: Rising Tide Fund, Maven Ventures and 36 Others
- Latest Funding Round: Series A, Oct 26, 2021, $*****
- Highlight: Editors' Pick

5. FalconX
Online platform offering cryptocurrency trading and investment solutions for institutions. It offers a fully comprehensive solution built specifically for institutions. It enables users to buy and sell digital assets through encrypted networks. It also provides trade execution, trading insights, market updates, crypto industry news, credit and treasury management, market making, and more.
Key facts about FalconX
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $430M
- Employee Count: 629 as on May 31, 2026
- Investors: Adams Street Partners, Thoma Bravo and 26 Others
- Latest Funding Round: Series D, Jun 22, 2022, $*****
- Highlight: Editors' Pick
CMT Digital's Year-on-Year Investment Trends
CMT Digital has invested in 166 companies over the last 8 years, with an average of 20 new investments annually in the last 5 years. In 2025, it made 15 investments, while as of Mar 2026, it has made 6 investments in this year. Its most recent first time investment was in TazaPay and most recent follow-on round was in TRM Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 1 | 6 |
2025 | 14 | 1 | 15 |
2024 | 9 | 6 | 15 |
2023 | 21 | 4 | 25 |
2022 | 27 | 2 | 29 |
2021 | 32 | 5 | 37 |
2020 | 5 | 4 | 9 |
2019 | 4 | 3 | 7 |
2018 | 4 | 0 | 4 |
CMT Digital's Investments by Stage
CMT Digital has made 58 investments in Seed stage with an average round size of $4.76M, 42 investments in Series A stage with an average round size of $18.5M and 13 investments in Series B stage with an average round size of $33.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 58 |
Series A | 42 |
Series B | 13 |
Series C | 5 |
Angel | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
CMT Digital's Investments by Sector
CMT Digital has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, Blockchain - Industry Applications, High Tech and Enterprise Applications. Notably, it has invested in 153 Tech companies, 126 Blockchain companies, 94 Enterprise (B2B) companies and at least 85 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 95 |
FinTech | 94 |
Blockchain - Industry Applications | 81 |
High Tech | 59 |
Enterprise Applications | 38 |
Others | 67 |
Note: We have considered here, only first round of investments
CMT Digital's Investments by Geography
CMT Digital has made most investments in United States (68), followed by Singapore where it has made 9 investments.Country | No. of Investments |
|---|---|
United States | 68 |
Singapore | 9 |
United Kingdom | 8 |
China | 3 |
Nigeria | 3 |
Others | 30 |
Note: We have considered here, only first round of investments
CMT Digital's recent investments
CMT Digital has made 6 investments in 2026 so far. TazaPay and DERIVIO are the latest among them.Here are the most recent investments by CMT Digital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 26, 2026 | Singapore | Series B | 1487 | [+8] | |
Mar 17, 2026 | Saint Vincent And The Grenadines | Series A | 2870 | [+4] | |
Feb 26, 2026 | Switzerland | Series B | 8617 | [+6] | |
Feb 25, 2026 | United States | Seed | 5092 | [+1] | |
Feb 19, 2026 | United States | Series B | 6710 | - |
Unicorns in CMT Digital's Portfolio
CMT Digital has 10 unicorns in its portfolio - TRM Labs, Zero Hash, Crusoe and others. The most recent unicorn in their portfolio is TRM Labs. It became a unicorn in 2026, 3 years after CMT Digital first invested in it.Here is a list of unicorns in CMT Digital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Provider of blockchain intelligence for detecting crypto-facilitated crime and compliance | 2018 | San Francisco | Series C | fcjzzeu | ||
66 | Embedded crypto solutions for financial institutions | 2017 | Chicago | Series D | {mhgfyp | ||
67 | Operator of cloud platform providing infrastructure for artificial intelligence workloads | 2018 | Denver | Series E | affopox | ||
72 | Blockchain-based infrastructure for NFT games and applications | 2018 | Sydney | Series C | ykarqad | ||
81 | Developer of blockchain and web3 software platform | 2014 | Fort Worth | Series D | ewuttxb |
IPOs and Publicly Listed companies in CMT Digital's Portfolio
5 of CMT Digital's portfolio companies have become public. Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $4.34B and Circle got listed on the New York Stock Exchange (NYSE) at marketcap of $6.22B.Here are CMT Digital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2025 | - | - | 6208 | |
Jun 05, 2025 | - | - | 4573 | |
Apr 14, 2021 | - | - | 5871 | |
Nov 20, 2020 | Dec 19, 2018 | Series A | 2316 | |
Nov 08, 2019 | - | - | 6308 |
Acquired companies in CMT Digital's Portfolio
8 companies from CMT Digital's portfolio have been acquired. The most recent acquisition was Eventus in Feb 2026 by Terminus Capital Partners for $*****.Here are CMT Digital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 26, 2026 | Sep 08, 2021 | Series B | 7190 | |
Jan 13, 2026 | - | - | 4263 | |
Sep 10, 2025 | Sep 13, 2021 | Series A | 7089 | |
Sep 04, 2024 | Apr 29, 2022 | Seed | 5774 | |
Jun 30, 2022 | Nov 28, 2018 | Series A | 8517 |
Team profile of CMT Digital
CMT Digital has a team of 21 members including 2 Partners and 1 Principal located in United States. CMT Digital's team does not sit on the board of any company as of now.Here is a list of top team members in CMT Digital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | - | ||
Partner | Naperville | - | ||
Principal | Miami | - |
Co-investors of CMT Digital
Over the past 8 years, 1194 investors have co-invested in CMT Digital's portfolio companies. This includes funds and angels.
- Invested before CMT Digital: Polychain, American Express and 252 others have invested in rounds before CMT Digital. There are 6 companies where Polychain has invested before CMT Digital and 3 companies where American Express has invested before CMT Digital.
- Top Co-investors of CMT Digital: 667 investors entered a company along with CMT Digital. These include investors like Sfermion (13 companies).
- Invested after CMT Digital: A total of 273 investors have invested in CMT Digital's portfolio after their investments. Top Investors include ParaFi (4 companies), Coinbase (4 companies) and DRAGONFLY (3 companies).
Recent News related to CMT Digital
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Tazapay nets $36m series B led by Circle VenturesStartupNews•Mar 26, 2026•TazaPay, Circle, Arc180, Norinchukin Capital and 11 others
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STS Digital Closes $30 Million Strategic RoundAgencia EFE•Feb 26, 2026•STS Digital, Kraken, CMT Digital, Arrington Capital and 6 others
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Kraken Debuts 'Flexline' Crypto-Secured Loans for Professional TradersCryptocurrency•Feb 26, 2026•Kraken, Strobe Ventures, STS Digital, Arrington Capital and 4 others
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Blockchain $11M Investment Fuels Revolutionary Blockchain Lending Platform For Small BusinessesBitcoin Ethereum News•Feb 20, 2026•NEWITY, CMT Digital
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Kraken Acquires Token Management Firm Magna Ahead of IPO PushCoinDesk•Feb 19, 2026•Kraken, Magna, Magna, Payward and 4 others
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TRM Labs Secures $70M Series C to Scale AI Solutions Designed for National SecurityNftgators•Feb 04, 2026•TRM Labs, Galaxy, Thoma Bravo, Goldman Sachs and 13 others
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Architect Financial Technologies Raises $35M in Series A FundingFinSMEs•Dec 23, 2025•Strobe Ventures, ARK Investment Management, CMT Digital, Third Kind Venture Capital and 10 others
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