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<ul class="news-points"> 
 <li><strong>IOTA’s $100M DLT foundation in Abu Dhabi sparks IOTA token surge, hitting a 6-month high at $0.285236.&nbsp;</strong></li> 
 <li><strong>Abu Dhabi’s blockchain-friendly stance attracts IOTA and other crypto firms, signaling the city’s crypto boom.</strong></li> 
 <li><strong>IOTA’s DLT Foundation aims to revolutionize the Middle East’s blockchain landscape, riding on ADGM’s supportive regulations.</strong></li> 
</ul> 
<p>IOTA has announced the launch of the IOTA Ecosystem DLT Foundation in Abu Dhabi. This move marks a significant expansion of IOTA’s <a href="https://coinedition.com/what-is-distributed-ledger-technology-dlt/">distributed ledger technology (DLT)</a> into the Middle East. The foundation, bolstered by $100 million in IOTA digital tokens, represents a strategic effort to grow IOTA’s DLT presence in the region.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> JUST IN: <a href="https://twitter.com/iota?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@iota</a> launches a $100m foundation in <a href="https://twitter.com/hashtag/AbuDhabi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#AbuDhabi</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1e6-1f1ea.png" alt="🇦🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> to accelerate the growth of its distributed ledger technology (DLT) in the <a href="https://twitter.com/hashtag/MiddleEast?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#MiddleEast</a>. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30d.png" alt="🌍" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>This is the first registered DLT foundation approved by Abu Dhabi Global Market (ADGM), whose <a href="https://twitter.com/hashtag/blockchain?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#blockchain</a> rules were finalized… <a href="https://t.co/kGjk4XtCUH" target="_blank" rel="nofollow">pic.twitter.com/kGjk4XtCUH</a></p>— Coin Edition (@CoinEdition) <a href="https://twitter.com/CoinEdition/status/1729840377757044966?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 29, 2023</a>
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<p>The foundation’s mission is to expedite the growth of IOTA’s DLT network and to initiate converting tangible assets into digital forms. Moreover, this ven…</p>
<p>The post <a href="https://coinedition.com/iota-surges-to-6-month-high-with-100m-dlt-foundation-launch/">IOTA Surges to 6-Month High with $100M DLT Foundation Launch</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

IOTA Surges to 6-Month High with $100M DLT Foundation Launch

Coin Edition

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