CMT Digital, a venture capital firm entrenched in the cryptocurrency domain, aims to amass $150 million for its fourth investment fund. This new fund is set to prioritize enduring crypto ventures, marking the company’s most ambitious fundraising endeavor to date.

Initiated a month prior, the fundraising effort is progressing, with aspirations of surpassing the firm’s previous benchmarks of $25.5 million, $130 million, and $100 million for its first three funds, respectively.

“Presently, the vanguard of innovation lies in decentralized physical infrastructure,” remarked investment partner Sam Hallene in an interview with Fortune. Hallene highlighted burgeoning technologies such as application-specific hardware and Solana-based wireless network Helium. Additionally, he expressed the firm’s burgeoning interest in stablecoins, particularly for their potential in global remittances and as yield-generating tokens.

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Gerald Brant, Head of Capital Formation at CMT Digital, who formerly held analogous roles at BlockTower Capital and Pantera Capital, is spearheading the fundraising campaign. “In the cryptosphere, I’ve had the privilege of playing for top-tier teams like the Yankees at Pantera, and the Red Sox at BlockTower. Now, I’m with the Chicago Cubs, where the games are undeniably more exhilarating,” Brant quipped to Fortune.

Since its inception in 2018, CMT Digital, a subsidiary of the CMT Group, has invested in over 150 crypto-centric enterprises. Its portfolio boasts notable names such as Circle, Coinbase, and Consensys, cementing its reputation as a pivotal player in the crypto investment landscape.