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3/25/24, 11:13 AM PRESSR: IOTA Foundation launches $10mln investment fund at Investopia 2024 to develop trade technology solutions — Tradin…
PRESSR: IOTA Foundation
launches $10mln
investment fund at
Investopia 2024 to develop
trade technology solutions
Mar 24, 202415:07 GMT+4
Abu Dhabi: His Excellency Abdulla Bin Touq Al Marri, the Minister of
Economy and Chairman of Investopia, attended the unveiling of a
new investment fund valued at $10 million by the IOTA Ecosystem
DLT Foundation during Investopia 2024. The fund's primary goal is to
promote the development of TradeTech solutions and support the
expansion of startups and venture projects based on digital
technology initiatives and the tokenisation of tangible assets.
The announcement aligns with Investopia's vision to inspire
entrepreneurs to 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 specialised digital
platform for trade data storage and exchange, aims to enhance the
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