{"id":7537,"date":"2025-01-14T10:01:52","date_gmt":"2025-01-14T10:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7537"},"modified":"2025-01-14T10:01:52","modified_gmt":"2025-01-14T10:01:52","slug":"middle-east-based-sigma-capital-unveils-100m-fund-to-accelerate-web3-innovations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7537","title":{"rendered":"Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations"},"content":{"rendered":"<div>\n<p>Sigma Capital, an early-stage venture firm, has unveiled a $100 million fund focused on Web3 startups.<\/p>\n<p>The Dubai-based company is attempting to capitalize on the United Arab Emirates&#8217; (UAE) <a href=\"https:\/\/www.coindesk.com\/consensus-magazine\/2023\/06\/27\/dubai-launching-a-crypto-regulatory-arm-to-become-a-global-financial-power\" target=\"_blank\">reputation as a crypto hub<\/a>, according to an emailed announcement on Tuesday.<\/p>\n<p>The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by managing a portfolio of liquid tokens.<\/p>\n<p>Dubai has been jostling for the position of being a global crypto hub along with the likes of Singapore and Hong Kong, which it has strived to achieve through <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/10\/16\/dubais-vara-has-struck-correct-balance-in-licensing-time-frame-says-senior-official\" target=\"_blank\">offering reasonably clear regulations<\/a>. This has seen major crypto exchanges such as Binance, Crypto.com and OKX win approvals there in the last year.<\/p>\n<p>Read More: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/01\/09\/mantra-blockchain-to-tokenize-1-b-of-real-world-assets-for-uae-based-property-firm-damac\" target=\"_blank\">MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217; (UAE) reputation as a crypto hub, according to an emailed announcement on Tuesday. The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by managing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7537","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7537"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7537\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}