Page 116 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/26/24, 9:35 AM Investopia 2024: IOTA Foundation launches $10 million investment fund - Economy Middle East
Investopia 2024: IOTA Foundation launches $10 million investment fund
The fund cements Investopia's position as a global incubator for technology

innovation investments, digital trade, and new economy projects

Part of Investopia 2024. (Supplied)

Abdullah bin Touq Al Marri, UAE minister of Economy and chairman of Investopia,
attended the launch of a new investment fund during Investopia 2024. The fund,
valued at $10 million, was introduced by the IOTA Ecosystem DLT Foundation and
aims to promote the development of TradeTech solutions. Its primary focus is to

support the growth and expansion of startups and venture projects that are based on
digital technology initiatives and the tokenization of tangible assets.
Read more: Investopia 2024 strengthens UAE-South Korea economic

partnership across sectors
This announcement is in line with Investopia’s vision to inspire entrepreneurs and
provide them with the necessary tools and opportunities to expand into new economic
sectors. Furthermore, the fund was established in partnership with TLIP, a specialized

digital platform for trade data storage and exchange. It aims to enhance the trade
technology landscape and foster a more interconnected, efficient, and accessible
global trade system. Additionally, the fund seeks to offer trade financing solutions to

businesses and governments. This initiative further aligns with the UAE’s
commitment to advancing technologies applied in global trade, with the support of

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