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RE: TSP Ep. 14: Interview with IOTA
Currently (as far as I know) most of their balance is actually effefct of fundraising within IOTA community and (most importantly) their work on integration with multiple products, services and platforms (like solution for electric cars stations, BOSH products, WV cars etc). As they have proper platform live already (IOTA tangle) and knowledge to quickly develop enterprise solutions for other companies they can benefit from there.