ChainCatcher news, the IOTA ecosystem DLT Foundation has partnered with Tenity to launch the IOTA Asia-Pacific Accelerator, a 12-week program focused on early-stage projects developing RWA tokenization products and infrastructure. The program will run from June to September 2024, providing selected startups with $50,000 in funding, mentorship, and networking opportunities. Applications are now open to Web3 builders looking to leverage IOTA EVM technology in RWA, DeFi, and related fields.

ChainCatcher news, the IOTA Ecosystem DLT Foundation based in Abu Dhabi has announced the launch of the IOTA Grants. Initially, the IOTA Grants will be piloted, with the current focus on supporting open-source development, research, education, and events.

ChainCatcher news, according to CoinDesk, the IOTA Foundation has committed to investing $10 million in startups in the UAE and Africa.It is reported that the foundation was registered in Abu Dhabi last November. This investment will focus on early-stage startups in digital trade and real-world asset (RWA) tokenization. These investments will be publicly disclosed in the coming weeks, including the newly established tradetech ventures.In addition, IOTA will also support startups built on the IOTA platform through its accelerator program.

ChainCatcher news, the IOTA Foundation has launched the EVM test chain on the Shimmer testnet. Developers state that using multiple validators and dozens of DApps to test ShimmerEVM will enhance the resilience, performance, and security of the ShimmerEVM smart contract chain. (source link)