IOTA Foundation

Nonprofit Europe

IOTA Foundation About

The IOTA Foundation is a Berlin-based nonprofit organization developing open-source distributed ledger technology around the IOTA network, a public blockchain infrastructure focused on digital trust, tokenized assets, identity, supply chains, and machine-to-machine coordination. For CryptoSlate readers tracking IOTA, the foundation is the central research, engineering, and ecosystem body behind the protocol’s transition from an IoT-oriented Tangle project into a programmable Layer 1 network.

Overview

IOTA Foundation works on decentralized infrastructure intended for enterprise, public-sector, and developer use cases. Its current positioning emphasizes real-world adoption, including digital identity, real world asset tokenization, trade documentation, circular economy systems, and DePIN-adjacent machine and device networks. Unlike many token projects that focus mainly on financial speculation, IOTA’s stated strategy is to make distributed ledgers practical for verifiable data exchange, asset ownership, and cross-border coordination.

History and Background

The IOTA project began in 2015, while the IOTA Foundation was established as a German nonprofit foundation in 2017. Its early identity centered on the Tangle, a directed acyclic graph design built for scalable value and data transfer. Over time, the project shifted toward a broader blockchain infrastructure model, with the foundation supporting protocol research, standardization work, developer tooling, grants, partnerships, and regulatory engagement.

Core Products and Services

The foundation’s ecosystem includes infrastructure and developer tools for decentralized applications, sponsored transactions, digital credentials, tamper-resistant records, and tokenized assets.

  • IOTA Mainnet and IOTA EVM for Layer 1 and EVM-compatible application activity.
  • IOTA Identity, IOTA Notarization, and IOTA Tokenization for verifiable data and assets.
  • IOTA Wallet, IOTA Gas Station, SDKs, node tools, and explorer infrastructure for users and builders.

The IOTA EVM and related bridging infrastructure also connect the network to the broader DeFi and multichain application landscape.

Technology and Features

A defining recent milestone was IOTA Rebased, which went live on May 5, 2025. The upgrade moved IOTA to an object-centric architecture with MoveVM smart contracts on Layer 1, delegated proof of stake, validators and stakers, staking rewards, transaction fees, fee burning, and storage deposits. In April 2026, the network added Starfish on mainnet, a consensus upgrade intended to improve reliability when validators face latency, partial connectivity, or temporary disruption. IOTA also integrated LayerZero and Stargate in December 2025 to expand cross-chain messaging and asset transfer access across more than 150 networks.

Use Cases and Market Position

IOTA Foundation is most visible in digital trade, supply chain, identity, tokenization, and public infrastructure initiatives. ADAPT, the Africa Digital Access and Public Infrastructure for Trade initiative, named Kenya, Morocco, and Nigeria as its first implementation countries in May 2026. The initiative is being developed with partners including the AfCFTA Secretariat, the Tony Blair Institute for Global Change, the World Economic Forum, and IOTA Foundation, with a focus on digital identity, cross-border data exchange, and payment interoperability. These efforts place IOTA among blockchain projects seeking real-world utility rather than only crypto-native activity.

Funding and Team

The IOTA Foundation lists Dominik Schiener, Anja Raden, Jan Misselwitz, and Luca Moser on its board of directors. Its broader ecosystem also includes the IOTA Ecosystem DLT Foundation in Abu Dhabi Global Market, which was announced in 2023 with more than $100 million in IOTA tokens allocated over four years to support ecosystem growth. In December 2025, BitGo added IOTA Mainnet support, improving regulated custody access for institutional users, exchanges, and market makers.

Risks and Considerations

IOTA Foundation operates in a competitive Layer 1 and real-world asset infrastructure market. Its long-term relevance depends on developer adoption, validator distribution, successful enterprise deployments, regulatory alignment, liquidity, and sustained network usage. IOTA Rebased introduced inflationary staking rewards alongside fee burning, so supply dynamics depend on transaction activity. The project also faces execution risk from complex protocol migrations, smart contract security, and the challenge of converting pilots into durable production systems.

IOTA Foundation Services

The IOTA Foundation’s primary goals are to:

  • Research and secure the foundational protocol layer, and create new knowledge to benefit the ecosystem behind the economy of things.
  • Develop production-ready software for the community, partners, and ecosystem to use and expand upon.
  • Educate and promote technologies and use cases for new generations to understand and to ensure the Foundation’s success.
  • Standardize and ensure the maturity and widespread adoption of the economy of things.

The IOTA Foundation is funded in three ways:

  • Holdings of IOTA tokens from community donations and unclaimed tokens from the initial crowdsale.
  • Grants from governments to perform research and development.
  • Donations from individuals or enterprises.

The IOTA Foundation is governed by a formal charter and includes:

  • A Governing Board to set and achieve the Foundation’s vision and run its operations.
  • A Supervisory Board to guide and oversee the performance of the Governing Board.
  • An Advisory Board to provide independent advice, perspective, and direction.

IOTA Foundation Team

Dominik Schiener

Dominik Schiener

Co-Chairman of the Board of Directors & Co-Founder

IOTA Foundation Support

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