Page 117 - 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, and it will primarily focus on supporting startups in the UAE and across
Africa.
Redefining the digital trade and finance landscape
These investments represent a significant step towards redefining the digital trade and

finance landscape. By fostering a supportive ecosystem for technological innovation,
IOTA has the opportunity to unlock new possibilities and opportunities for seamless
and efficient global trade, benefiting societies and economies worldwide.

Investopia 2024 played a crucial role in facilitating the launch of the new investment

fund, providing an ideal platform to showcase IOTA’s innovative solutions to the
global community of investors and decision-makers. The event also enabled effective
communication between the Foundation and its partners.

Enhancing trade technology and digital solution
This 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. Also, the UAE is a leading trade hub that actively

contributes to reshaping global trade mechanisms through state-of-the-art solutions
and advanced technologies. These endeavors are in line with the “We the UAE 2031”
vision to become the international capital of the new economy in the next decade.

Building the next generation of decentralized governance technologies
IOTA, registered with the Abu Dhabi Global Market, focuses on developing the next
generation of decentralized governance technologies. Their aim is to build a new
digital economy by redesigning how people and devices connect and exchange

information and value. Additionally, 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 through research and development of technological advancements.
Investopia 2024 took place in Abu Dhabi over two days at the end of February.
Moreover, the event brought together top investors, businesses, economy leaders,

experts, and entrepreneurs, fostering an environment conducive to networking,
collaboration, and identifying potential joint investment opportunities. With over
2,500 participants and more than 90 speakers, various crucial investment themes and
the new economy were discussed, including digital economy, tourism, innovation,

sports technology, modern financial technologies, healthcare, green economy, and
venture capital investments.

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