Page 87 - INVESTOPIA ENGLISH PR REPORT - International Part 5

4/12/24, 1:41 PM IOTA Foundation launches $10m investment fund at Investopia 2024 to develop trade technology solutions | Australia Headlines
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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