IOTA (IOTA)

UPDATE: Europe had 3,000+ registered crypto firms in 2024.

Today, just 244 hold MiCA licenses, meaning the rest must wind down operations by July 1. https://t.co/cCFmwn2uu8

This week, we shared difficult news internally: as part of an organizational restructuring, the IOTA Foundation is reducing the size of its team to lower our burn rate and further extend our runway.

These decisions are never easy. Our industry is going through a significant structural shift, and like every serious project we are making hard choices now so that we can emerge from it stronger and more financially independent. We are saying goodbye to talented colleagues who have contributed greatly to IOTA, and we want to thank each of them for everything they have helped build.

The purpose of this change is to align our organization more tightly around our highest-priority initiatives and to give us the focus and runway to execute on the opportunities ahead. Most important among them is TWIN - our work to turn our cross-border trade infrastructure into a growing, revenue-generating business that can support IOTA and the Foundation's mission for the long term. Our broader focus remains unchanged: advancing di