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3/25/24, 11:12 AM IOTA Foundation launches US$10m investment fund at Investopia 2024 - TRENDS Mena
Additionally, it enabled the Foundation to establish effective communication w
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 tr
mechanisms by leveraging state-of-the-art solutions and advanced technologie
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
next generation of decentralised governance technologies.
They aim to build a new digital economy by redesigning how people and devi
connect and exchange information and value.
The Foundation leverages cutting-edge technologies such as blockchain, digita
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
sustainable impact by researching and developing technological advancements
Investopia 2024, held in Abu Dhabi for two days at the end of February, broug
together top investors, businesses, economy leaders, experts, and entrepreneur
The event fostered an environment conducive to networking, collaboration, an
identifying potential joint investment opportunities.
Over 2,500 participants attended, including more than 90 speakers who discus
various crucial investment themes and the new economy, including digital
economy, tourism, innovation, sports technology, modern financial technologi
healthcare, green economy, and venture capital investments.
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