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IOTAUSDT IOTA IOTA, an open-source blockchain developer, is launching an Abu Dhabi Ecosystem Foundation to focus on the growth of its distributed ledger technology in the Middle East region. The new foundation will be supported by 100M worth of IOTA, which will be vested throughout the course of the next four years. The Ecosystem Foundation became among the first blockchain-focused organizations to be approved by regulators from the ADGM. After the announcement, the price of IOTA increased by 40%. Current price is $0.23. Fully diluted market cap is 1.1B.