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3/26/24, 9:36 AM IOTA Foundation launches $10mln investment fund at Investopia 2024 to develop trade technology solutions – Bizpreneur Middle …
IOTA Foundation launches $10mln investment fund

at Investopia 2024 to develop trade technology

solutions

LATEST NEWS, NEWS March 25, 2024 News

His Excellency Abdulla Bin Touq Al Marri, the 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
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