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Cryptocurrency venture capital firm Sigma Capital has launched a $100 million investment fund, tipping plans to invest in Web3 startups across the United Arab Emirates and globally. According to the announcement,

Sigma Capital has announced its intention to raise a $100 million fund. The firm has already secured approximately $40 million in pre-commitments, founder and CEO Vineet Budki revealed in an interview with The Block. The initial closing of the fund is slated for June 30, with a final closing expected to occur within 18 months.

Venture asset manager Sigma Capital has launched the $100 million Sigma Capital Fund I, reinforcing the UAE’s reputation as a nucleus for blockchain innova..

The fund will support early-stage venture investments in areas including DeFi, blockchain, real-world asset tokenisation, gaming and the metaverse

Sigma Capital announces its $100 million Sigma Capital Fund I in Dubai to bolster Web3 innovations, emphasizing DeFi, gaming, blockchain infrastructure, and the metaverse. The initiative highlights UAE's central role in blockchain advancement,

The fund will focus on DeFi, tokenization, and blockchain infrastructure by managing a portfolio of liquid tokens

Sigma Capital's new $100 million fund aims to accelerate Web3 innovation by investing into early-stage ventures.

M fund will focus on early-stage Web3 Startups, liquid tokens, and fund-of-fund allocations. Led by Web3 pioneer Vineet Budki, the fund will leverage global partnerships and deep market access to support portfolio success.