Page 156 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/25/24, 11:13 AM IOTA Foundation launches $10m investment fund at Investopia 2024 - Middle East News 247

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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