Page 147 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/25/24, 11:12 AM IOTA Foundation launches $10m investment fund at Investopia 2024
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 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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