• 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

TRON's Market Performance and Technical Indicators

chest

TRX is trading around $0.028-$0.029, showing modest gains despite market volatility, with neutral technical indicators.

user avatarRajesh Kumar

TRON's Stablecoin Activity Drives Network Expansion

chest

TRON hosted approximately $818 billion in stablecoin supply in Q4 2025, with settlement volumes exceeding $22 trillion, driving network expansion.

user avatarMaria Fernandez

TRON Network Sees Significant Transaction Growth in Q4 2025

chest

The TRON network processed approximately 994 million transactions in Q4 2025, marking a 165% increase from the previous quarter.

user avatarGustavo Mendoza

Peter Schiff Highlights Bitcoin's Decline in Value Compared to Gold

chest

Peter Schiff argues that Bitcoin has lost significant value when measured against gold since its peak in November 2021.

user avatarMiguel Rodriguez

Ripple's Broader Acquisition Strategy May Shape Long-Term Outcomes

chest

Ripple's recent acquisitions, including Metaco and GTreasury, are part of a broader strategy aimed at long-term positioning in the financial services sector.

user avatarLuis Flores

Heavy Shorting of MSTR Seen as Positioning Signal

chest

Analysts suggest that the heavy short interest in MSTR is a signal of market positioning rather than a fundamental issue.

user avatarArif Mukhtar

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.