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Sigma Capital Launches $100M to Power Web3 Innovation

Sigma Capital launches a $100M fund to boost Web3 innovation and accelerate decentralized finance, blockchain, and metaverse projects

3 min 24 days ago

Highlights:

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Sigma Capital launches $100M fund to support early-stage Web3 projects in various sectors.

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The fund targets decentralized finance, blockchain, gaming, tokenization, and the metaverse.

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Industry leaders back the initiative, aiming to drive global Web3 innovation and growth.

Sigma Capital Launches $100M to Power Web3 Innovation

Sigma Capital has made a bold move to transform the Web3 space. The firm unveiled Sigma Capital Fund I, with a $100 million investment to boost early-stage Web3 projects. The fund focuses on decentralized finance, blockchain, gaming, and the metaverse. Sigma Capital aims to drive innovation and support startups as they navigate the growing digital economy.

 

Sigma Capital’s Strategy for Web3 Development

 

 

By leveraging its global network and expertise, Sigma Capital will provide startups with funding, market access, and essential guidance. The fund will also actively manage a liquid token portfolio to take advantage of market shifts.

 

CEO Vineet Budki emphasized that the UAE’s supportive economy and Web3-friendly regulations create a perfect environment for startups. Sigma Capital’s deep connections to industry leaders, exchanges, and market platforms will help these projects grow and thrive on the global stage.

 

Support from Industry Leaders

 

Leaders in the Web3 space are already showing their support. Sandeep Nailwal, founder of Polygon, praised Sigma Capital’s expertise and the UAE’s role in advancing blockchain innovation. 

 

He believes the $100 million fund will ignite the next wave of breakthrough startups in the decentralized economy. Sigma Capital operates in key global hubs like Dubai, Singapore, and the Cayman Islands, giving it a strong foothold in Web3. 

 

With more than a decade of experience, the firm has already partnered with leading players in the blockchain world. Through these strategic alliances, Sigma Capital is well-equipped to drive Web3 innovation forward.

 

 

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