Page 76 - INVESTOPIA ENGLISH PR REPORT - International Part 5

4/12/24, 1:40 PM IOTA Foundation launches $10m investment fund at Investopia 2024 to develop trade technology solutions | All India Bulletin
These investments are a step forward to redefining the digital trade and finance landscape. By fostering a supportive ecosystem for
technological innovation, IOTA will have the opportunity to unlock new possibilities and opportunities for seamless and efficient global
trade, benefiting societies and economies around the globe.

Investopia 2024 played a crucial role in facilitating the launch of the new investment fund, offering an ideal platform to showcase
IOTA’s innovative solutions to the global community of investors and decision-makers. Additionally, it enabled the Foundation to
establish effective communication with partners.

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.

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