Over the last few decades, CMOS-based digital circuits have been steadily developed. However, because of the power density limits, device scaling may soon come to an end, and new approaches for circuit designs are required. Multi-valued logic (MVL) is one of the new approaches, which increases the radix for computation to lower the complexity of the circuit. For the MVL implementation, ternary logic circuit designs have been proposed previously, though they could not show advantages over binary logic, because of unoptimized synthesis techniques. In this thesis, we propose a methodology to design ternary gates by modeling pull-up and pull-down operations of the gates. Our proposed methodology makes it possible to synthesize ternary gates with a minimum number of transistors. From HSPICE simulation results, our ternary designs show significant power-delay product reductions; 49 % in the ternary full adder and 62 % in the ternary multiplier compared to the existing methodology. We have also compared the number of transistors in CMOSbased binary logic circuits and ternary device-based logic circuits We propose a methodology for using ternary values effectively in sequential logic. Proposed ternary D flip-flop is designed to normally operate in four-edges of a ternary clock signal. A quad-edgetriggered ternary D flip-flop (QETDFF) is designed with static gates using CNTFET. From HSPICE simulation results, we have confirmed that power-delay-product (PDP) of QETDFF is reduced by 82.31 % compared to state of the art ternary D flip-flop. We synthesize a ternary serial adder using QETDFF. PDP of the proposed ternary serial adder is reduced by 98.23 % compared to state of the art design.