Middle East-based Sigma Capital launches $100 million fund to accelerate Web3 innovation

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Reprinted from panewslab

01/14/2025·24days ago

PANews reported on January 14 that early-stage venture capital firm Sigma Capital launched a $100 million fund focused on Web3 startups, CoinDesk reported. According to an announcement emailed on Tuesday, the Dubai-based company is seeking to capitalize on the United Arab Emirates’ (UAE) reputation as a cryptocurrency hub. The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by managing a liquid token portfolio.

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