Page 169 - INVESTOPIA ENGLISH PR REPORT - International Part 5

4/12/24, 2:04 PM IOTA Foundation launches $10m investment fund at Investopia 2024 to develop trade technology solutions | The Denver Journal
The announcement aligns with the UAE’s commitment to enhancing its trade technology and digital solutions, solidifying its position as a
global hub for technology and innovation. The UAE is a leading trade hub that plays an active role in reshaping global trade mechanisms by
leveraging state-of-the-art solutions and advanced technologies. These endeavours align with the “We the UAE 2031” vision to become the
international capital of the new economy over the next decade.

IOTA, registered with the Abu Dhabi Global Market, is focused on developing the next generation of decentralised governance technologies.
They aim to build a new digital economy by redesigning how people and devices connect and exchange information and value. The
Foundation leverages cutting-edge technologies such as blockchain, digital currencies, distributed data technology, the Internet of Things
(IoT), and other modern financial technology applications. Through collaboration with a global network and partners, IOTA aims to make a
sustainable impact by researching and developing technological advancements.

Investopia 2024, held in Abu Dhabi in UAE for two days at the end of February, brought together top investors, businesses, economy leaders,
experts, and entrepreneurs. The event fostered an environment conducive to networking, collaboration, and identifying potential joint
investment opportunities. Over 2,500 participants attended, including more than 90 speakers who discussed various crucial investment
themes and the new economy, including digital economy, tourism, innovation, sports technology, modern financial technologies, healthcare,
green economy, and venture capital investments.

https://thedenverjournal.com/Business/iota-foundation-launches-10m-investment-fund-at-investopia-2024-to-develop-trade-technology-solutions/ 2/2