Sigma Capital, a Dubai-based company, has announced a $100 million fund to support the growth of Web3 startups. The fund will focus on key areas such as decentralized finance (DeFi), tokenization, and blockchain infrastructure.
Why Dubai? A Thriving Crypto Ecosystem
Dubai has emerged as a global hub for blockchain and cryptocurrency innovation due to its clear regulatory framework and supportive policies.
Sigma Capital’s $100M Web3 Fund: Key Focus Areas
The fund will focus on DeFi projects and tokenization, as well as strengthening the blockchain ecosystem through infrastructure solutions for scalability and interoperability.
What This Means for the Web3 Ecosystem
The fund presents funding opportunities for Web3 startups, promoting their innovative development and collaboration with market players and government initiatives.
Sigma Capital's $100 million fund highlights the growing importance of Dubai as a global hub for blockchain and cryptocurrency innovation. By focusing on DeFi, tokenization, and blockchain infrastructure, the fund aims to drive the next wave of Web3 advancements.
