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

BlockBeats news, on February 29th, the IOTA Foundation pledged to invest $10 million in startups in the United Arab Emirates and Africa. The foundation was registered in Abu Dhabi in November last year. The investment will focus on early-stage startups in digital trade and tokenization of real-world assets (RWA). These investments will be publicly disclosed in the coming weeks, including newly established tradetech ventures. In addition, IOTA will also support startups building on the IOTA platform through accelerator programs.