Sigma Capital is a United Arab Emirates-based venture fund with a focus on web3 startups

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Sigma Capital, a United Arab Emirates-based Web3 venture fund, announced the launch of its $100 million blockchain startup fund to help propel firms building in decentralized finance aka DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse.

Sigma Capital, an early-stage venture firm, has unveiled a $100 million fund focused on Web3 startups. The Dubai-based company is attempting to capitalize on the United Arab Emirates' (UAE) reputation as a crypto hub, according to an emailed announcement on Tuesday