The IOTA cryptocurrency went up 13% in value after the founder, Dominik Schiener, announced that they would be adding real-world assets worth $100 million to the project.
During a recent Q&A, the person who started IOTA said they will release the IOTA Ethereum Virtual Machine (EVM) on March 31, 2024. At the same time, Schiener shared information about IOTA’s work on making real things into digital tokens during the AMA session.
These things, once made into digital tokens on IOTA, will create chances to make money in this system. Schiener talked about IOTA’s plan to grow, with a focus on Europe and Asia, especially Korea, Japan, and Singapore.
Schiener wants the IOTA project to be the best at turning assets into digital tokens, following the rules of regulators everywhere.
Currently, IOTA is selling for $0. 2422 It went up by around 13% in the last day. The amount of trades for the asset has gone up almost five times in a day and is now almost $150 million.