• 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

Jane Street Cuts Bitcoin ETF Holdings Significantly in Q1 2026

chest

Jane Street significantly reduced its Bitcoin ETF holdings in Q1 2026, cutting BlackRock's IBIT by 71% and Fidelity's FBTC by 60%, potentially impacting Bitcoin's price dynamics.

user avatarLuis Flores

Bitcoin's Current Correction May Not Be Over Yet

chest

Bitcoin's recent stability above 80,000 raises speculation, but analysts warn that further declines may be expected based on historical patterns.

user avatarMaria Gutierrez

Solana Also Sees TD Sequential Sell Signal

chest

Solana has completed the TD Sequential setup phase, indicating a sell signal on its 1-day chart.

user avatarArif Mukhtar

MARA Holdings Transitions to AI and IT Infrastructure with Major Acquisition

chest

MARA Holdings is transitioning from Bitcoin mining to AI and IT infrastructure, cutting its workforce and acquiring Long Ridge Energy.

user avatarDavid Robinson

MARA Holdings Faces Major Loss and Sells Bitcoin Reserves

chest

MARA Holdings reported a net loss of $1.26 billion in Q1 2026 and sold 20,880 Bitcoin, leading to a 5% drop in stock price.

user avatarAndrew Smith

Ethereum Dominates DeFi and Lending Markets

chest

Ethereum maintains a strong position in DeFi and lending, with significant liquidity and market share.

user avatarZainab Kamara

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.