TechFlow reported on January 14 that, according to CoinDesk, Dubai-based early-stage venture capital firm Sigma Capital announced the launch of a $100 million fund focused on Web3 innovation. The fund will manage a portfolio of liquid tokens and primarily invest in decentralized finance (DeFi), asset tokenization, and blockchain infrastructure projects.
As a key component of the UAE's cryptocurrency hub strategy, the fund will leverage Dubai's robust regulatory environment to further advance the local blockchain ecosystem, following approvals granted to major exchanges such as Binance, Crypto.com, and OKX.



