IOTA Ecosystem Foundation commits $10 million to tokenization and trading startups
The recently established ecosystem foundation of IOTA will conduct its first round of investment, committing to invest $10 million in early-stage startups focused on digital trade and the tokenization of real-world assets (RWA). These investments will be publicly disclosed in the coming weeks, including newly established trading technology companies. The foundation will also provide support for IOTA-based startups through an accelerator program. The foundation became a regulated entity in the United Arab Emirates (UAE) in November. This registration caused a 43% surge in the value of IOTA's native token.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin surpasses $97K, nearing $100K
BlackRock’s Bitcoin ETF Options Debut with $2 Billion Exposure
The number of first-time unemployment claims in the United States last week was 213,000
BCH breaks through $500