Page 146 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024
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3/25/24, 11:12 AM IOTA Foundation launches $10m investment fund at Investopia 2024
IOTA Foundation launches $10m investment fund at Investopia 2024
Investopia and IOTA
Me Business - Abu Dhabi since 16 hour ، 58 minute
His Excellency Abdulla Bin Touq Al Marri, the 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 United Arab Emirates’ commitment to advancing technologies
https://mebusiness.ae/en/news/show/89920 1/2
