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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 focus will be on supporting UAE-based start-ups
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

https://en.aletihad.ae/news/business/4473253/iota-foundation-launches--10-million-investment-
fund-at-inve