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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Broadcom Set to Gain from Alphabet's Custom TPU Sales

Broadcom is set to benefit from Alphabet's decision to sell custom TPUs to external data centers, enhancing its AI semiconductor revenue through a long-term agreement until 2031.

user avatarBayarjavkhlan Ganbaatar

Alphabet Enters Hardware Market with Custom TPUs for Data Centers

Alphabet announces the sale of its custom-made Tensor Processing Units (TPUs) to external data centers, marking a significant move into hardware sales.

user avatarTenzin Dorje

CoinsBee and TRON DAO Launch Discount Campaign for USDT Payments

CoinsBee, in collaboration with TRON DAO, is launching a campaign that offers eligible users a 2% discount on purchases made with USDT on TRON.

user avatarMohamed Farouk

USDT on TRON Surpasses Bitcoin as Most Used Payment Method on CoinsBee

USDT TRC20 on the TRON network has become the most used on-chain token and payment option on CoinsBee, surpassing Bitcoin and Ethereum in payment activity.

user avatarElias Mukuru

Panel Discussion on Trading Insights at Zoomex After Party

A flagship panel titled 'Where's the Edge' will feature industry KOLs discussing trading strategies and market dynamics.

user avatarKenji Takahashi

Ollie Bearman to Host Interactive QA at Zoomex Event

Ollie Bearman will host an interactive QA session at the ZOOMEX TRADERS AFTER PARTY on October 7, 2026, providing a unique opportunity for traders and motorsport fans to engage directly.

user avatarDiego Alvarez

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.