On January 30, 2020, the IOTA Foundation announced that it would list its native IOTA token ($MIOTA) on Bittrex Global.

IOTA revealed it sees the upcoming listing as a significant milestone in expanding the reach of the digital token MIOTA, which will also broaden the accessibility of the IOTA economy.

The Head of Financial Relations at IOTA Foundation, Dan Simerman, shared on twitter that the listing is an excellent sign of progress, which shows the success of IOTA’s updated HUB in giving organizations the more accessible means to engage with the digital token MIOTA.

To celebrate the coin listing, Bittrex Global will host an exclusive IOTA AMA on their Bittrex Global Telegram Group. The AMA will be hosted on January 30, at 11 am UTC/12 pm CET/8 pm KST.

This will allow the IOTA community to ask bothersome questions relating to their project and allow them to meet some of the key members driving the project.

According to crypto expert Sydney Ifergan, the more numbers of listings in renowned crypto exchanges, the better for IOTA as it improves accessibility for investors and clients and eventually facilitates improved adoption of the token.

More Good News From the IOTA Foundation

Just a few days ago, the research company Fundstrat released a report that indicated IOTA has great potential.

According to the report, IOTA is well on its way to becoming the global standard for machine-to-machine payments in the next ten years. In fact, the economic value of the IOTA network could grow to USD 700 billion by 2035.

IOTA Foundation plans to become the global IoT standard, especially with the imminent release of their honeycomb OS that is expected to make IOTA and Tangle more seamless.

The honeycomb OS will work on the meta-iota supported by the IOTA Ecosystem Development fund and is tailored to suit IOTA nodes, clients, and the tangle-related tools.

IOTA Set for More Collaborations

IOTA fully supports embedded computing and sensor technology/IoT and is therefore well prepared for an important target market such as the semiconductor manufacturing market.

Existing partnerships, such as the one with STMicroelectronics, act as an adoption accelerator. At the same time, other collaborations, such as those with Jaguar Land Rover, the EDAG Group, and the CityXChange smart city program, are helping to develop test environments and proofs of concepts, thus laying the foundation for increasing adoption.

