Page 121 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/26/24, 9:36 AM IOTA Foundation launches $10M investment fund at...
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.

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 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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