Page 96 - INVESTOPIA ENGLISH PR REPORT - International Part 5

4/12/24, 1:42 PM Beauregard News | Beauregard News | Press Releases

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 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 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.

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