March 17, 2025
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Developer Consensus May Be Converging on a Bitcoin Soft Fork Proposal: Blockspace Who Is Satoshi? Benjamin Wallace Goes Down the Rabbit Hole in New Book Robinhood Brings Prediction Market Hub to Market After Success of Crypto-Based Polymarket Bitcoin Network Hashrate Inched Higher in March as Mining Economics Weakened: JPMorgan Bitcoin, S&P 500 Take Backseat to Stagflation Trade as Trump Tariffs Threaten to Derail Growth Ether in Structural Decline, Year-End Price Target Slashed to $4K: Standard Chartered CoinDesk 20 Performance Update: Solana (SOL) Falls 3.9%, Leading Index Lower Digital Asset Investment Outflow Extends Into Fifth Week ECB’s Villeroy Says U.S. Crypto Support Could Trigger Next Financial Emergency Strategy Leverages STRK ATM to Acquire 130 More Bitcoin

Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations

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’ (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 a portfolio of liquid tokens.

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 offering reasonably clear regulations. This has seen major crypto exchanges such as Binance, Crypto.com and OKX win approvals there in the last year.

Read More: MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC

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