Dubai-based investment firm Sigma Capital has unveiled Sigma Capital Fund I, a US$100 million initiative focused on early-stage ventures in the Web3 and blockchain sectors.

The fund will invest in decentralized finance (DeFi), blockchain infrastructure, tokenization of real-world assets, gaming, and the metaverse.

In its investment strategy, Sigma Capital plans to manage a portfolio of liquid tokens and use high-yield DeFi approaches to enhance returns.

Over the next three years, Sigma Capital intends to invest in 100 early-stage projects, 25 liquid tokens, and 10 fund-of-fund allocations.

The firm also plans to partner with Web3 hubs in 10 cities globally to provide market insights and resources to its portfolio companies.