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Borderless Capital Launches $100 Million DePIN Fund with Peaq, Solana Foundation and Others

Borderless Capital Launches $100 Million DePIN Fund with Peaq, Solana Foundation and Others

Bitget2024/09/18 12:19

Borderless Capital has launched its third DePIN fund, which is backed by $100 million. Investors in the fund include DePIN-focused blockchain Peaq, as well as Solana Foundation and Jump Crypto, among others.

Álvaro Gracia, Partner at Borderless Capital, said, “DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and generating billions of dollars in passive revenue, while providing easy access and lower costs for users.”

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