Sigma Capital, based in the Middle East, launches a $100 million fund to accelerate Web3 innovation

2025-01-14 18:09:51

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ChainCatcher news, according to CoinDesk, early-stage venture capital firm Sigma Capital has launched a $100 million fund focused on Web3 startups.

According to an announcement released via email on Tuesday, the Dubai-based company is trying to leverage 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 portfolio of liquid tokens.

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Alpha Sigma Capital