IOTA

United

Million

Foundation

Synergy

<p style="text-align: justify">IOTA Ecosystem DLT Foundation has secured its place as the first Distributed Ledger Technology (DLT) foundation registered with Abu Dhabi Global Market (ADGM) in the United Arab Emirates, marking a groundbreaking move. Committed to energizing the IOTA ecosystem, the foundation is set to receive a significant investment exceeding $100 million in IOTA tokens. The primary goal is to foster community-focused initiatives, catalyze the expansion of the IOTA protocol, and enhance regulatory synergy.</p> 
<h2 id="altcoin-iota-and-a-milestone-success-in-the-mena-region">Altcoin IOTA and a Milestone Success in the MENA Region</h2> 
<p style="text-align: justify">In September, IOTA announced ambitious plans for a new foundation in Abu Dhabi, signaling a strategic move for global expansion. Today, the IOTA Ecosystem DLT Foundation has successfully registered under ADGM’s DLT Foundations Framework, positioning itself as a pioneer in bridging digital and real-world assets, particularly in the Middle East and North Africa (MENA) region.</p> 
<p><img decoding="async" class="wp-image-282403 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/iota-kripto-cointurk.jpg" alt="" width="2560" height="1707"></p> 
<p style="text-align: justify">Working closely with ADGM authorities, IOTA aims to reshape the regulatory environment by creating a link between traditional <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">finance</a> and the digital realm. ADGM’s progressive regulatory framework provides the ideal groundwork for this collaboration, paving the way for institutional investors and assets to integrate seamlessly into the digital ecosystem.</p> 
<h2 id="investing-in-the-future-100-million-for-the-iota-ecosystem">Investing in the Future: $100 Million for the IOTA Ecosystem</h2> 
<p style="text-align: justify">The IOTA Ecosystem DLT Foundation is gearing up to receive a pivotal investment totaling over $100 million in IOTA tokens over the next four years. This fund will be crucial in nourishing the IOTA ecosystem and promoting the growth of the IOTA protocol. Operating with a community-focused ethos, the foundation will actively seek partnerships to ensure IOTA’s adoption, including collaborations with corporate investors, governments, and academic institutions.</p> 
<p style="text-align: justify">The foundation’s focus extends to the UAE’s potential infusion of billions of dollars into the crypto asset space, reaching as far as the tokenization of real-world assets. This move aligns with IOTA’s vision of developing a thriving crypto community within the ADGM ecosystem.</p> 
<h2 id="shaping-the-future-decentralization-and-regulatory-synergy">Shaping the Future: Decentralization and Regulatory Synergy</h2> 
<p style="text-align: justify">Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority (RA), emphasized the significance of welcoming IOTA to Abu Dhabi and positioning ADGM as a milestone in the <a href="http://en.coin-turk.com/stars-arena-the-controversial-hack-incident-and-its-fallout/" data-wpel-link="internal">Blockchain</a> industry. The collaboration with IOTA signifies ADGM’s commitment to setting global benchmarks in the evolving Blockchain and <a href="http://en.coin-turk.com/walmart-explores-the-metaverse-offering-a-unique-shopping-experience/" data-wpel-link="internal">Web3</a> landscape.</p> 
<p><img decoding="async" class="wp-image-282400 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/iota-cointurk.png" alt="" width="1467" height="740"></p> 
<p style="text-align: justify">Dominik Schiener, Co-Founder and Chairman of the IOTA Foundation, spoke about the broader mission of the partnership, highlighting that this move is about creating a new era of regulatory synergy in the crypto markets beyond global expansion. Following the development, there was an increase of nearly 30% in the IOTA price. As of writing, the IOTA price is trading at $0.21.</p> 
<ul class="summary"> 
 <li>IOTA Foundation joins ADGM as a pioneering DLT entity.</li> 
 <li>Significant investments aim to expand and integrate the IOTA ecosystem.</li> 
 <li>Strategic partnership seeks to foster a new era of regulatory synergy.</li> 
</ul> Continue Reading: <a href="https://en.coin-turk.com/iota-foundation-establishes-groundbreaking-presence-in-abu-dhabis-adgm/" data-wpel-link="internal">https://en.coin-turk.com/iota-foundation-establishes-groundbreaking-presence-in-abu-dhabis-adgm/</a>

IOTA Foundation Establishes Groundbreaking Presence in Abu Dhabi’s ADGM

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