Page 163 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024
P. 163
A new $10 million IOTA investment fund to
develop trading technology solutions
by admin_l6ma5gus
This announcement, which was made during the “Investobia 2024” events, falls within
“Investobia’s” vision to motivate entrepreneurs to expand into new economic sectors, and
provide all the capabilities and opportunities that support the growth and prosperity of their
innovative projects.
The fund, which was launched in cooperation with “TLIP” – the digital system specialized in
storing and sharing commercial data, aims to enhance the trade technology environment,
contribute to the establishment of a more interconnected and efficient global trade system, and
make trade financing solutions available to companies and governments, in line with the UAE’s
direction. Towards developing technologies applied in global trade, with the support and
facilitation of Investopia; The focus will be on supporting emerging companies headquartered in
the United Arab Emirates and throughout the continent of Africa.
These announced investments constitute an important step towards redefining the landscape of
digital trade and finance. By providing a supportive environment for technological innovation,
IOTA will enable new capabilities and horizons for flexible and efficient global trade, benefiting
societies and economies around the world.
https://pledgetimes.com/a-new-10-million-iota-investment-fund-to-develop-trading-technology-
solutions/