Page 137 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/25/24, 11:11 AM IOTA Foundation launches $10 million investment fund at Investopia 2024 - Eye of Dubai

IOTA Foundation launches $10 million investment fund at Investopia 2024

Abdullah bin Touq Al Marri, 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 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.

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
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