{
Vineet Budki

People

}
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001122334455554433221100

UAE venture fund Sigma Capital launches 100 million dollar blockchain startup initiative

Sigma Capital, a UAE-based Web3 venture fund, has launched a $100 million blockchain startup fund aimed at supporting early-stage projects in decentralized finance, blockchain infrastructure, and the metaverse. CEO Vineet Budki emphasized the fund's role in fostering an inclusive digital economy by providing capital and access to a robust network.Additionally, the UAE has amended its VAT regulations to exempt virtual asset transactions from tax, effective November 15, 2024, enhancing the clarity of digital asset taxation in the region.
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Finance & Economy, News Article
17:04 14.01.2025
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