Page 91 - 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 | BPAS
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 financing solutions to

businesses and governments. This initiative aligns with the

United Arab Emirates' commitment to advancing technologies

applied in global trade with the support of Investopia. The main

focus will be on supporting UAE-based startups across Africa.

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

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