Middle East-Based Sigma Capital Raises $100M Fund to Accelerate Web Innovations3

Sigma Capital, an early-stage venture firm, has raised $100 million in funding dedicated to Web3 startups.The Dubai-based company is trying to capitalize on the United Arab Emirates' (UAE) reputation as a crypto hubaccording to an emailed announcement on Tuesday.The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by managing a portfolio of liquid tokens.Dubai is striving for the position of being a global crypto hub alongside the likes of Singapore and Hong Kong, which it has strived to achieve by offers reasonably clear regulations. This has seen major crypto exchanges like Binance, Crypto.com and OKX win approvals there last year.Read more: MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMACself.__next_f.push((1,"r=6LdD_vElAAAAAC4MH8sVjuaAFGSN1fmOs8QJv8jW\",\"defer\":true,\"async\":true}),(\"$\",\"$L13\",null,{}),false,(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://www.google-analytics.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://consent.cookiebot.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://consentcdn.cookiebot.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://cdn.sanity.io\"}),((\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://securepubads.g.doubleclick.net\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://adservice.google.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://a.pub.network/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://b.pub.network/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://c.pub.network/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://d.pub.network/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://c.amazon-adsystem.com\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://s.amazon-adsystem.com\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://btloader.com/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://api.btloader.com/\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://confiant-integrations.global.ssl.fastly.net\",\"crossOrigin\":\"anonymous\"}),(\"$\",\"link\",null,{\"rel\":\"preload\",\"href\":\"https://a.pub.network/coindesk/pubfig.min.js\",\"as\":\"script\"}),(\"$\",\"link\",null,{\"rel\":\"stylesheet\",\"href\":\"https://a.pub.network/coindesk/cls.css\"})),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://connect.facebook.net\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://cdn.jwplayer.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://cloudfront-us-east-1.images.arcpublishing.com\"}),(\"$\",\"link\",null,{\"rel\":\"preconnect\",\"href\":\"https://downloads.coindesk.com\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"sizes\":\"any\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon.ico\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/svg+xml\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon.svg\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/x-icon\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/android-chrome-192x192.png\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/png\",\"sizes\":\"16x16\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon-16x16.png\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/png\",\"sizes\":\"32x32\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon-32x32.png\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/png\",\"sizes\":\"48x48\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon-48x48.png\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/png\",\"sizes\":\"64x64\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/favicon-64x64.png\"}),(\"$\",\"link\",null,{\"rel\":\"apple-touch-icon\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/apple-touch-icon-60x60.png\"}),(\"$\",\"link\",null,{\"rel\":\"apple-touch-icon\",\"sizes\":\"120x120\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/apple-touch-icon-120x120.png\"}),(\"$\",\"link\",null,{\"rel\":\"apple-touch-icon\",\"sizes\":\"152x152\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/apple-touch-icon-152x152.png\"}),(\"$\",\"link\",null,{\"rel\":\"apple-touch-icon\",\"sizes\":\"167x167\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/apple-touch-icon-167x167.png\"}),(\"$\",\"link\",null,{\"rel\":\"apple-touch-icon\",\"sizes\":\"180x180\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk.vercel.app/favicons/production/apple-touch-icon-180x180.png\"}),(\"$\",\"link\",null,{\"rel\":\"icon\",\"type\":\"image/png\",\"sizes\":\"512x512\",\"href\":\"https://coindesk-next-1krzbzdd9-coindesk")) Source link