Sigma Capital launches $100 mn Fund to drive web3 innovation

GHADA.ISMAIL
Jan 14, 2025

Dubai – Sharikat Mubasher: Sigma Capital, a leading Web3-focused early-stage venture asset manager, announced the launch of its $100 million Sigma Capital Fund I.

This initiative is designed to accelerate the next wave of Web3 innovation both in the Middle East and globally, solidifying the UAE’s position as a global hub for blockchain and Web3 technologies, according to the company’s press release.

The fund will concentrate on transformative areas such as decentralized finance (DeFi), blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse. Additionally, Sigma Capital plans to actively manage a portfolio of liquid tokens, leveraging market opportunities to deliver consistent returns.

The fund aims to deploy capital across 100 early-stage projects, 25 liquid tokens, and 10 fund-of-funds allocations over the next three years. It will also adopt high-yield DeFi strategies to optimize portfolio performance and broaden its exposure to emerging Web3 innovations through investments in other crypto venture funds.

Sigma Capital’s global reach, supported by its presence in Dubai, Singapore, and the Cayman Islands, ensures access to international opportunities while maintaining a robust compliance framework. The firm also plans to collaborate with Web3 hubs in 10 global cities, providing portfolio companies with market insights, mentorship, and strategic connections to exchanges, market makers, and opinion leaders.

By blending a diversified investment strategy with unparalleled access to resources, Sigma Capital aims to drive sustainable growth in both the global and GCC Web3 ecosystems. The launch not only highlights the UAE’s strategic vision to lead in blockchain and Web3 innovation but also strengthens its position as a key player in the decentralized financial future.


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