IOTA’s Ecosystem Foundation allocates $10 million to early-stage startups focusing on digital trade and asset tokenization. Investments, disclosed in upcoming weeks, prioritize tradetech ventures. The Foundation, regulated in the UAE since November, boosted IOTA’s token by 43%. Amid market optimism, IOTA surged 20%, hovering at 30 cents. Initial investments target UAE and African trade tech startups. Co-founder Dominik Schiener highlights potential for a more efficient global trade ecosystem.
IOTA’s Ecosystem Foundation Commits $10M for Tokenization, Trade Startups
