Proprietary Trading
24/7 Crypto Asset
Trading Desk
Venture Capital
Crypto and Blockchain-
Focused Investments
Legal / Policy
Regulatory and
Compliance Expertise
Intro
CMT Digital, a division of the CMT Group, is focused on crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry. Beginning in late 2013, under the leadership of Colleen Sullivan, the firm immersed itself in understanding the bitcoin protocol and took an active role in shaping the regulatory landscape for crypto assets. Accustomed to operating in highly regulated markets, CMT Digital participates in global discussions on regulation, policy, and best practices in the crypto asset and blockchain space.
CMT Digital’s leadership team has been together for more than two decades, and has assembled professionals with significant trading, technology, investment, and legal experience. CMT Digital operates a 24/7 crypto asset trading desk and makes early-stage venture investments in companies building solutions that are advancing infrastructure in the industry.
As an authority in the crypto asset and blockchain space, Colleen is active in participating on panels and discussions, especially regarding venture capital, legal/compliance and the potential applications of technology. This “live blog” summarizes her upcoming speaking engagements and previous event participation.
Started legal and
policy engagement
in the crypto asset space
Made initial
investment in bitcoin
Launched crypto
assets trading desk and
venture investment initiative
Launched blockchain
equity venture fund
Investments
CMT Digital’s edge as an investor is a product of the synergistic relationship among the crypto assets trading and technology team; the legal, regulatory, and operations team; and the investment team. Each of these teams are highly experienced in, and interact with, different aspects of the crypto assets and blockchain technology industry and have separate networks and relationships that they bring into the overall CMT Digital structure.
The industry is still in the nascent stages of building the underlying infrastructure for the blockchain technology and crypto assets ecosystem. To date, CMT Digital’s investments have largely focused on infrastructure. However, our investment thesis is broad within the blockchain technology and crypto assets space. In addition, where we see strategic opportunity, we seek to engage in the space beyond investing capital, whether that be as a client, as a liquidity provider, through our expertise, or through our review and testing of new products.
Select Investments To Date
Team
Colleen Sullivan
CEO AND CO-FOUNDER CMT DIGITAL
Scott Casto
CO-FOUNDER OF CMT GROUP
Jan-Dirk Lueders
CO-FOUNDER OF CMT GROUP
Chad Feigel
CFO AND HEAD OF OPERATIONS
Timothy Stoner
CHIEF COMPLIANCE OFFICER
Press
gumi Cryptos Capital and HashKey Capital invest in Tassat accelerating blockchain based digital cash adoption in Asia
Business Wire (12/16/2019)
Tassat, a global financial technology provider of innovative solutions bridging traditional and digital asset markets, has announced investments from strategic Asian investors gumi Cryptos Capital and HashKey Capital. They join a growing list of strategic investors in the company that include US based Signature Bank, ConsenSys and CMT Digital.
Bitcoin. Blockchain. Enterprise. The North American Bitcoin Conference Returns
GlobeNewswire (12/10/2019)
On January 16 and 17, 2020, the global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world continues to propel cryptocurrency from niche to mainstream.
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
coindesk (12/5/2019)
BlockFi, the cryptocurrency lending service backed by Galaxy Digital, Winklevoss Capital, ConsenSys Ventures and others, is expanding into trading with an unusual, zero-fee model.
BlockFi Launches Trading to Lure New-to-Crypto Investors
Cheddar Business (12/5/2019)
BlockFi, a provider of high-interest crypto savings accounts and crypto asset-backed loans, is adding the trading of bitcoin, ether, and the Gemini Dollar to its growing suite of crypto financial services on Thursday.
Silvergate Announces Closing of Initial Public Offering of Common Stock
Business Wire (11/12/2019)
Silvergate Capital Corporation (“Silvergate” or the “Company”), today announced that it has completed its initial public offering of 3,333,333 shares of its Class A common stock at a public offering price of $12.00 per share.
Zero Hash Announces Partnerships with Number of Large Chicago Trading Firms
GlobeNewswire (11/1/2019)
At San Francisco Blockchain Week, Zero Hash, the complete digital asset and fiat currency settlement service, announced that top Chicago prop trading firms have now integrated Zero Hash into their post-trade settlement. The global trading firms that Zero Hash announced today included CMT Digital and BlueFire Trading.
Bakkt bitcoin options on futures to launch December 9: an industry first
Medium (10/24/2019)
On December 9, Bakkt will launch the first regulated options contract for bitcoin futures. We’re committed to bringing trust and utility to digital assets and the options contract is an example of the many products we’re developing for regulated markets.
Flipside Crypto Raises $7.1 Million in Venture Funding Led By Galaxy Digital Ventures
Medium (9/24/2019)
The financing round was led by Galaxy Digital Ventures with participation from Collaborative Fund, CMT Digital Limited and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.
Announcing Olympus: Lightning-enabled fiat ramps by Zap
Medium (9/19/2019)
Today, we are announcing that Zap will offer a Lightning-enabled fiat on and off-ramp service I like to call Olympus. Olympus allows users to go from fiat to making and receiving Lightning payments in seconds.
Introducing Flow, a new blockchain from the creators of CryptoKitties
Medium (9/12/2019)
Since we launched CryptoKitties in November 2017, our team has been testing and evaluating different approaches to solving the problem of scalability. Unfortunately, none of the existing solutions are a fit for the applications we’ve been wanting to build.
Exclusive: From CryptoKitties To Cardi B: Warner Music Joins $11 Million Investment In Ethereum Replacement
Forbes (9/12/2019)
Now that Warner Music Group has mastered streaming, generating $2 billion in revenue from the technology, the music giant behind Cardi B, Ed Sheeran and Bruno Mars has set its sights on blockchain, joining an $11.2 million investment in Dapper Labs, best known for making the viral blockchain game, CryptoKitties.
Cleared to Launch
Bakkt Blog (8/16/2019)
Bakkt’s bitcoin futures and warehouse to debut in September
BlockFi Raises $18.3M Series A Led by Valar Ventures
BlockFi News (8/6/2019)
BlockFi is pleased to announce that it has raised $18.3 million in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek and PJC.
Rain is Live
Rain (7/30/2019)
We are happy to announce that Rain has acquired the Crypto-Asset Module (CRA) license from the Central Bank of Bahrain (CBB). Rain is the first crypto-asset brokerage to earn a regulatory license in the Middle East and joins an elite group of brokerages internationally.
With $3.2M in new funding, Digital Assets Data looks to expand its institutional platform
The Block (7/25/2019)
Digital Assets Data – the startup that aims to be the Bloomberg and Github of cryptocurrency data – has raised another $3.2 million in equity funding, according to an announcement on Thursday.
Failures are Often Opportunities + Thoughts on Digital Asset Regulation
John Lothian News (7/25/2019)
It can be difficult to predict what will be the catalyst to propel someone down their eventual career path. For CMT Digital CEO Colleen Sullivan that early catalyst just so happened to be learning about ‘80s junk bond czar Mike Milken.
Circle CEO to Testify Before Senate on Crypto Regulation
Circle Blog (7/24/2019)
Circle Chief Executive Officer Jeremy Allaire will be the sole crypto-industry representative to testify next week before the Senate about the need for clear regulation for digital assets.
CRAIN’S NOTABLE WOMEN IN FINANCE
Crain’s (7/16/2019)
Colleen Sullivan manages CMT Digital Holdings’ investments in crypto and digital assets and in companies that work in the blockchain and crypto space.
Institutional Digital Asset Exchange Seed Digital Commodities Market and Settlement Affiliate Zero Hash Both Receive Virtual Currency Licenses
GlobeNewswire (7/15/2019)
Seed Digital Commodities Market and Zero Hash Granted 20th and 21st Virtual Currency License Approvals from New York Department of Financial Services
Wall Street’s most sophisticated, high-speed traders are growing hot on fintech investing.
Business Insider (7/8/2019)
Execs from 5 firms explain how they find their best investments.
ErisX Granted Derivatives Clearing Organization License For Physically Delivered Digital Asset Futures Contracts by U.S. Commodity Futures Trading Commission
ErisX Insights (7/01/2019)
ErisX today announced that the Commodity Futures Trading Commission (CFTC), the United States’ regulatory agency with jurisdiction over futures markets, has granted Eris Clearing a derivatives clearing organization (DCO) license under the Commodity Exchange Act (CEA).
Putting Bakkt’s Bitcoin Futures to the Test
Bakkt Blog (6/13/2019)
Setting a New Standard for Institutional Market Quality for Digital Assets
From Traditional Trading Floors To Crypto With CMT Digital’s Brad Koeppen
Forbes (5/23/2019)
The cryptocurrency world differs in many ways from trading traditional assets. From his days as a floor trader, to current computerized methods, CMT Digital’s head trader Brad Koeppen now applies his expertise and professionalism to the crypto space.
20 In Their 20s Meet the 2019 class
Crain’s (5/11/2019)
Alexandra Prodromos, Business development manager at Bloq.
If youth is wasted on the young, this group of overachievers has not heard it. These 20 change-makers, none older than 29, are patenting lifesaving medical technologies, revolutionizing healthy meals on the fly, identifying the next big thing in baseball talent,disrupting personal finance, and more. We’re pretty sure you’ll be hearing more from them in the future.
Financial Intermediaries and Their Role in Attracting New Investors to Digital Assets
ErisX Insights (5/2/2019)
ErisX recently announced the launch of our spot market, the first part of our vision for a unified digital asset spot and regulated futures exchange.
Contact
156 N Jefferson Street
Suite #102
Chicago, IL 60661