Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • IOTA EVM Era: Pioneering a $660 Million DeFi and Tokenization Landscape
  • News

IOTA EVM Era: Pioneering a $660 Million DeFi and Tokenization Landscape

vivian 12 June 2024
Iota coin Image
  • The IOTA Ethereum Virtual Machine (EVM) is set to revolutionize the $660 million IOTA ecosystem.
  • This combines secure, feeless transactions and regulatory compliance.

There is much in the community anticipation as the launch of the IOTA Ethereum Virtual Machine (EVM) approaches. This groundbreaking development promises to unlock a new era for the ecosystem, valued at over $660 million, by introducing tokenization, DeFi, and decentralized identity.

IOTA EVM Soft Launch Paves the Way for Mainnet Debut

The EVM journey began with a soft launch on the Shimmer test network in March. Susanne Krone, head of the ecosystem at the Foundation, emphasized this as a strategic first step. The focus during this phase is to collaborate with developers and build the infrastructure needed for a smooth and successful mainnet launch.

While EVMs aren’t new technology, allowing developers to interact with the vast Ethereum ecosystem, IOTA EVM offers unique advantages. Firstly, it merges the best of both worlds: its secure data, feeless transactions, and low resource requirements will be accessible within the Ethereum network. This opens doors for innovative business models and unlocks new liquidity for the IOTA token.

The IOTA EVM presents an exciting opportunity akin to the early days of groundbreaking DeFi platforms like Uniswap or SushiSwap. Early adopters could potentially capitalize on similar growth trajectories within the ecosystem.

One of the most significant impacts of the IOTA EVM is its potential for tokenization. Experts predict a $16 trillion opportunity in this space over the next six years, and IOTA’s unique features position it perfectly to capture a significant share of this market.

The upcoming IOTA 2.0 upgrade, with its focus on compliance, further strengthens it’s position in tokenization. Regulatory clarity is crucial for attracting real-world asset (RWA) issuers, and the Foundation has actively engaged with regulators to ensure compliance.

With secure on-chain storage facilitated by IDnow, RWA issuers can confidently explore the platform for tokenization. This combination of regulatory safety and new investment opportunities could be the key differentiator.

The IOTA EVM stands poised to awaken the sleeping giant that is the IOTA ecosystem. By fostering tokenization, DeFi, and decentralized identity, the IOTA EVM promises to unlock a new era of growth and innovation for the network.

Continue Reading

Previous: Navigating LUNC’s Burn Tax Changes: What Investors Need to Know
Next: Vechain’s (VET) VeBetterDAO: Transforming the Crypto Landscape with Mainnet Rollout

Related Stories

Cardano ADA under the sand
  • Analysis

Cardano Hits 110 Million Transactions as DeFi and NFT Adoption Grow

Sean Williams 2 June 2025
Ripple Logo on a black background
  • News

Ripple Challenges SWIFT with XRP and RLUSD Stablecoin Payment Platform

vivian 2 June 2025
SOLANA PRICE ANALYSIS IMAGE
  • Analysis

Solana Faces Pressure Below $160 with Support at $155 and $152

Cal Evans 2 June 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

Cardano ADA under the sand
  • Analysis

Cardano Hits 110 Million Transactions as DeFi and NFT Adoption Grow

Sean Williams 2 June 2025
Ripple Logo on a black background
  • News

Ripple Challenges SWIFT with XRP and RLUSD Stablecoin Payment Platform

vivian 2 June 2025
SOLANA PRICE ANALYSIS IMAGE
  • Analysis

Solana Faces Pressure Below $160 with Support at $155 and $152

Cal Evans 2 June 2025
Ethereum ETH coin on a blackish background
  • News

SEC Questions Legality of Ethereum and Solana ETFs with Staking Features

Sean Williams 2 June 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok