Page 149 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/25/24, 11:12 AM IOTA Foundation launches $10m investment fund at Investopia 2024 to develop trade technology solutions | Web Release
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 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.

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