Sigma Capital Launches $100 Million Fund for Web3 Startups
- Sigma Capital has introduced a $100 million fund targeting Web3 startups.
- The Dubai-based firm aims to leverage the UAE’s status as a crypto hub.
- Focus areas include decentralized finance (DeFi), tokenization, and blockchain infrastructure.
- Dubai competes with Singapore and Hong Kong as a global crypto hub.
- Major exchanges like Binance, Crypto.com, and OKX have gained approvals in Dubai recently.
Sigma Capital is launching a $100 million fund to invest in Web3 startups, focusing on DeFi and blockchain infrastructure. This move aligns with Dubai’s efforts to establish itself as a leading crypto hub.
