• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sigma Capital Announced $100M Fund Launch to Promote Web3 Globally

user avatar

by Giorgi Kostiuk

a year ago

Sigma Capital, a leading Web3 venture firm, announced the launch of a $100 million fund to boost Web3 innovations in the UAE and worldwide.

Fund Goals and Directions

The fund will focus on early-stage venture investments in areas such as DeFi, blockchain infrastructure, asset tokenization, gaming, and the metaverse. Sigma Capital will actively manage a portfolio of liquid tokens and leverage high-yield strategies.

Fund Leadership and Team Expertise

Vineet Budki, a recognized leader in Web3, will lead the fund. His experience includes over 300 investments in high-profile projects. Sigma Capital's team has extensive experience in blockchain investments and has partnered with reputed players.

We envision a digital economy that is more open, inclusive, and innovative. The UAE's dynamic economy and forward-thinking regulation provide the perfect backdrop for Web3 innovation.Vineet Budki

Strategic Cooperation and Prospects

Sigma Capital plans to deploy investments across 100 projects, 25 liquid tokens, and 10 fund allocations over three years. The firm will leverage its network for access to key exchanges and leaders.

The launch of Sigma Capital’s $100 million fund is a testament to his expertise and the UAE’s emergence as a global hub for blockchain innovation.Sandeep Naliwal

Sigma Capital’s fund launch highlights the UAE's role as a hub for Web3 and blockchain innovation, committed to empowering startups and the UAE's vision for a decentralized economy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Family-Backed WLFI Sees Significant Price Rally

chest

World Liberty Financial (WLFI) experiences an 85% price increase amid geopolitical developments and new pro-crypto legislation.

user avatarElias Mukuru

Hype Global Event to Celebrate Hyperliquid's Ecosystem Growth

chest

Hype Global will host an event called Hyperliquid Builders Night in Cannes, France, on March 31, 2026, to celebrate the growth of Hyperliquid's ecosystem.

user avatarKenji Takahashi

Hyperliquid Sets New Records in Trading Activity

chest

Hyperliquid reported record trading activity in March 2026, surpassing $15 billion in open interest for tokenized commodities.

user avatarDiego Alvarez

Hyperliquid Achieves Major Milestones in March 2026

chest

Hyperliquid made significant advancements in March 2026 by partnering with SP Dow Jones Indices to launch the first officially licensed SP500 perpetual derivative and integrating USDC support on its HyperEVM.

user avatarMaria Fernandez

MicroStrategy Expands Bitcoin Holdings Despite Market Challenges

chest

MicroStrategy continues to expand its Bitcoin holdings despite market downturns, adding approximately 86,000 Bitcoin to total 762,099 Bitcoin valued at around $532 billion.

user avatarGustavo Mendoza

TRON's TRX Price Shows Signs of Recovery

chest

TRX is currently trading around the 0.030-0.031 range, showing signs of recovery after a prolonged corrective phase.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.