IOTA Foundation unveils $10mn investment fund

UAE- Sharikat Mubasher: IOTA Ecosystem DLT Foundation launched a new investment fund worth $10 million in partnership with the digital platform TLIP during Investopia 2024, a recent press release unveiled.

The main objective of the fund is to promote the development of trade tech solutions and support the expansion of startups and venture projects based on digital technology initiatives and the tokenization of tangible assets.

The fund aims to foster the trade technology landscape and enhance a more interconnected, efficient, and accessible global trade system, in addition to offering trade financing solutions to businesses and governments.

The launch of the new fund was attended by the Emirati Ministry of Economy Abdullah Al Marri.

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.

Contribution Time: 25-Mar-2024 12:28 (GMT)
Last Update Time: 25-Mar-2024 12:28 (GMT)