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The IOTA Foundation has committed to investing $10 million in tokenization and trading startups

The IOTA Foundation has committed to investing $10 million in tokenization and trading startups

2024/02/29 13:13

The recently established IOTA Ecosystem Foundation will conduct its first round of investments, committing $10 million to early-stage startups focusing on digital trade and tokenization of real-world assets (RWA). These investments will be publicly disclosed in the coming weeks, including newly formed trading technology companies. Support will also be provided for IOTA-based startups through an accelerator program. The foundation became a regulated entity in the United Arab Emirates (UAE) in November. This registration led to a 43% surge in the native IOTA token.

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