IOTA becomes the first registered DLT Foundation under ADGM in Abu Dhabi

The new IOTA Ecosystem DLT Foundation is the first DLT foundation registered with the Abu Dhabi Global Market in the United Arab Emirates.

The IOTA Ecosystem DLT Foundation will be seeded with over $100 million in IOTA tokens for nurturing the IOTA ecosystem and accelerating the growth of the IOTA protocol in the region.