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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 …
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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