Dubai-based Sigma Capital has launched a $100 million investment fund aimed at supporting 100 early-stage Web3 projects, 25 liquid tokens, and 10 fund-of-fund allocations. This initiative seeks to capitalize on opportunities in areas such as decentralized finance, blockchain infrastructure, metaverse, and gaming. The fund will be led by Vineet Budki, previously of Cypher Capital, and highlights the UAE's growing presence in the blockchain ecosystem. Recent developments indicate an uptick in venture capital funding within the crypto space, driven by declining interest rates and enhanced regulatory clarity. Analysts project a 50% increase in crypto VC activity by Q4 2025. Additionally, significant events like the Bitcoin MENA conference in Abu Dhabi reflect the region's expanding influence in the blockchain domain.

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