UAE’s Sigma Capital Launches $100M Metaverse Blockchain Fund to Drive Innovation
The Metaverse Blockchain Fund, spearheaded by UAE-based Sigma Capital, marks an important initiative to supercharge blockchain infrastructure and the metaverse. With an ambitious $100 million fund, this move underscores Sigma Capital’s commitment to shaping the future of web3 innovation.
Sigma Capital, known for its focus on early-stage startups, announced the launch of its Sigma Capital Fund I on January 14, 2025. This fund will target cutting-edge sectors such as decentralized finance (DeFi), real-world asset tokenization, blockchain infrastructure, gaming, and the metaverse.
Key Features of the $100M Metaverse Blockchain Fund
The Metaverse Blockchain Fund aims to strategically invest in 100 early-stage startups, 25 liquid tokens, and 10 fund-of-funds over the next three years. Additionally, the fund plans to deploy high-yield strategies in DeFi to optimize portfolio performance while broadening exposure to emerging web3 innovations through crypto venture funds.
Vineet Budki, CEO and Managing Partner of Sigma Capital, emphasized the fund’s mission: We envision a digital economy that is more open, inclusive, and innovative. The UAE’s supportive regulatory environment provides the perfect backdrop for web3’s next wave of growth.
This statement highlights the UAE’s pivotal role in fostering blockchain and metaverse advancements through progressive policies and economic stability.
The Metaverse Blockchain Fund is designed to build a robust ecosystem by supporting startups with a mix of financial and strategic backing. Budki stated that Sigma Capital will collaborate with web3 hubs in 10 global cities to offer insights, mentorship, and market support. This partnership-driven approach aims to bridge the gap between traditional industries and digital economies.
According to Sigma Capital, the fund also plans to manage a portfolio of liquid tokens, leveraging market opportunities to generate consistent returns. This dual approach of investing in both startups and liquid assets ensures diversified exposure to the web3 space.
The UAE has solidified its position as a global blockchain and metaverse leader, and the Metaverse Blockchain Fund further cements this status. The country’s regulatory clarity and innovation-friendly policies attract global firms aiming to pioneer digital transformation.
Dr. Marwan Al Zarouni, CEO of the Dubai Blockchain Center, praised the initiative: Funds like the Metaverse Blockchain Fund are vital in driving web3 adoption and enabling a collaborative digital economy.
The UAE’s economic framework, coupled with Sigma Capital’s strategic approach, positions the region as a catalyst for blockchain growth.
Metaverse Blockchain Fund: Global Reach and Impact
The Metaverse Blockchain Fund will focus on connecting local startups with international markets, fostering a global ecosystem of innovation. This cross-border collaboration ensures that projects backed by Sigma Capital have access to the resources and networks required for scalability.
Web3 innovation thrives on collaboration, said crypto analyst Alex Johnson. The Metaverse Blockchain Fund’s focus on decentralized finance, gaming, and asset tokenization will drive adoption across industries, from entertainment to real estate.
The Metaverse Blockchain Fund is expected to accelerate advancements in critical areas such as virtual reality, decentralized governance, and tokenized economies. By addressing existing challenges in scalability and interoperability, Sigma Capital’s investments aim to unlock the full potential of blockchain technology.
Vineet Budki elaborated on the fund’s goals: Our focus is not just on funding but on fostering a sustainable and inclusive ecosystem for web3 technologies. The Metaverse Blockchain Fund is a stepping stone toward a more decentralized future.
The Metaverse Blockchain Fund represents a significant milestone for blockchain and metaverse innovation. Sigma Capital’s $100 million commitment underscores the growing importance of web3 technologies in shaping the future of digital economies.
By fostering innovation, creating strategic partnerships, and leveraging the UAE’s regulatory advantages, Sigma Capital is set to redefine the blockchain landscape. With the fund’s ambitious roadmap and focus on scalability, the Metaverse Blockchain Fund promises to leave a lasting impact on the global web3 ecosystem. Get more from The Bit Gazette