IOTA's blockchain network, Rebased, has seen increased interest from investors and developers. Founder Dominik Schiener is eager to leverage this interest to promote institutional adoption, particularly in the South Korean market. The price of IOTA has surged, gaining 30% in a day and surpassing a $2 billion market cap, making it the 64th largest cryptocurrency. The Rebased upgrade has been a significant technological advancement, allowing for the deployment of decentralized applications (dApps) and capitalizing on the potential of tokenization. The IOTA Foundation is also in talks with investors and funds in the US, working on establishing a tokenized fund structure and expanding market adoption efforts.



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