Page 151 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

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

investment fund at Investopia 2024

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Investopia 2024 played a crucial role in facilitating the launch of the new investment fund. (WAM)

By TRENDS Desk The fund's primary goal is to promote the development of TradeTech soluti
March 24, 2024 6:09 pm
and support the expansion of startups.

The announcement aligns with Investopia's vision to inspire entrepreneurs
expand into new economic sectors.
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdu
bin Touq Al Marri attended the unveiling of a new investment fund valued at
US$10 million by the IOTA Ecosystem DLT Foundation during Investopia 20

The fund’s primary goal is to promote the development of TradeTech solution
and support the expansion of startups and venture projects based on digital
technology initiatives and the tokenization of tangible assets.

The announcement aligns with Investopia’s vision to inspire entrepreneurs to
Share 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 specialized digital platform f
trade data storage and exchange, aims to enhance the trade technology landsca
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 financ
landscape.

By fostering a supportive ecosystem for technological innovation, IOTA will h
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.

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