Page 126 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024
P. 126
3/25/24, 11:10 AM IOTA Foundation launches $10 million investment fund at Investopia 2024 | Emirates News Agency
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 UAE’s
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.
https://www.wam.ae/en/article/13tweyy-iota-foundation-launches-10-million-investment 2/5