Page 72 - INVESTOPIA ENGLISH PR REPORT - International Part 5
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4/12/24, 1:40 PM Small Business - Albert Lea Tribune | Albert Lea Tribune
IOTA Foundation
launches $10m
investment fund
at Investopia
2024 to develop
trade technology
solutions
24-7 Press Release Newswire
Tuesday, March 26, 2024 at 11:00am GMT+4
Fund cements Investopia's position as a global incubator for technology innovation
investments, digital trade, and new economy projects
DUBAI, UAE, March 26, 2024 /24-7PressRelease/ -- His Excellency Abdulla Bin Touq Al
Marri, UAE Minister of Economy and Chairman of Investopia, attended the unveiling of a new
investment fund valued at $10 million by the IOTA Ecosystem DLT Foundation during
Investopia 2024. The fund's primary goal is to promote the development of TradeTech solutions
and support the expansion of startups and venture projects based on digital technology
initiatives and the tokenisation of tangible assets.
The announcement aligns with Investopia's vision to inspire entrepreneurs to expand into new
economic sectors by offering the necessary tools and opportunities to foster the growth and
prosperity of their innovative projects.
The fund, introduced in partnership with TLIP, a specialised digital platform for trade data
storage and exchange, aims to enhance the trade technology landscape and foster a more
interconnected, efficient, and accessible global trade system. Additionally, it seeks to offer trade
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