Page 138 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024
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3/25/24, 11:11 AM IOTA Foundation launches $10 million investment fund at Investopia 2024 - Eye of Dubai
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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