CMT Digital investors unpack how crypto's VC landscape has transitioned from mania to maturity

Quick Take

  • CMT Digital’s Sam Hallene and Aryan Sheikhalian discuss blockchain’s potential to touch every industry, and how CMT Digital aims to participate in this multi-decade system change.

Episode 61 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro, CMT Digital Investment Partner Sam Hallene, &
CMT Digital Head of Research Aryan Sheikhalian.

Listen below, and subscribe to The Scoop on YouTube, AppleSpotifyGoogle PodcastsStitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]


Sam Hallene and Aryan Sheikhalian are analysts at CMT Digital, a subsidiary of the CMT Group.

In this episode, Hallene and Sheikhalian unpack the key trends they are observing in crypto's VC market, including the intersection of blockchain and AI and its implication for improving user data ownership, verified inference, and the use of blockchain to govern non-deterministic models.

OUTLINE
00:00 Introduction
05:31 Current VC Landscape
07:02 VC Market Decoupling
12:11 PMF in Crypto
15:58 Non-Financial Use Cases
22:00 DeFi's Future
23:17 Tokenization Trends
29:13 Crypto Venture Market Forecast
35:56 Closing Thoughts


This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network

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Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.

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