The IOTA ecosystem has undergone significant development and progress in the past year, solidifying its position in distributed ledger technology. It has achieved milestones in tokenization projects, including recognition from Abu Dhabi Global Markets for collaboration with the UAE government. The company is also working on digitalizing trade finance in Africa through partnerships with organizations such as TradeMark Africa and the World Economic Forum. Furthermore, IOTA has made regulatory advancements, including Sharia compliance certification, demonstrating its adaptability to different market requirements. The establishment of the IOTA-Imperial College Lab signifies collaboration with academia to advance research and innovation in DLT applications. The anticipated Rebased upgrade will further decentralize and increase utility within the network. On the technical side, the IOTA token is showing positive signs, with a price rebound and expected targets. The IOTA price has experienced a strong rebound recently, gaining 5.26% in the last 24 hours and 10% weekly.



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