According to Wu, on February 27, the IOTA Foundation announced a partnership with well-known entities such as the World Economic Forum, the Tony Blair Institute, the African Trademark Institute, the Institute for Import and International Trade, and the Global Trade Facilitation Alliance at the WTO meeting in Abu Dhabi. The two parties will simplify information exchange and promote cross-border cooperation and international trade by creating the Trade Logistics Information Pipeline (TLIP). The foundation said that the infrastructure will be able to tokenize assets for trade finance and commodity trading, which will be conducive to the development of RWA on IOTA.