Founded in 2016, CMCC Global is one of the first venture capital funds in Asia to focus on blockchain investment. Today the company has offices in Asia, North America and Europe and operates several funds with different strategies including the CMCC Global Digital Asset Fund, the Titan Fund and its two funds of quantitative trading hedge funds Crest and SYZCrest.
Odaily News: Trading firm Raven has announced the completion of a strategic funding round at a $90 million pre-money valuation, with Coinbase Ventures and CMCC Global participating. Founded in 2023, Raven initially provided liquidity for crypto trading and expanded into prediction markets in the second quarter of 2025.
Coinbase
Raven
OpenTrade has announced the completion of a $17 million strategic funding round, led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, CMCC Global, and others. The project primarily provides institutional-grade on-chain and real-world asset-backed lending and stablecoin yield products. OpenTrade plans to use the funds to expand its permissioned and permissionless infrastructure, including the Curation+ vault curation framework, and to grow its asset management, trading, and engineering teams. OpenTrade processed over $250 million in transaction volume in 2025 and currently has a total value locked exceeding $200 million.
Mercury
OpenTrade