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

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MarsBit
09-18
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According to Mars Finance, Borderless Capital has launched its third DePIN fund, which has received $100 million in support. Investors in the fund include Peaq, a blockchain focused on DePIN, as well as Solana Foundation and Jump Crypto. Álvaro Gracia, partner of Borderless Capital, said: "DePIN will become a global standard for deploying physical infrastructure, coordinating human resources and creating billions of dollars in passive income, while providing users with convenient access and lower costs."

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