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Sigma Capital, based in the Middle East, has launched a $100 million fund to accelerate Web3 innovation
PANews reported on January 14th that Sigma Capital, an early-stage venture capital firm, has launched a $100 million fund focused on Web3 startups. According to an announcement released via email on Tuesday, the Dubai-based company is seeking to leverage the reputation of the United Arab Emirates (UAE) as a center for Crypto Assets. The fund will manage a liquid Token portfolio, focusing on Decentralized Finance, tokenization, and Blockchain infrastructure.