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.