Borderless Capital launches a $100 million DePIN fund, with participation from Peaq, Solana Foundation, and others

ChainCatcher news, Borderless Capital has launched its third DePIN fund, which has received $100 million in support. Investors in the fund include the blockchain Peaq, which focuses on DePIN, as well as the Solana Foundation and Jump Crypto.

Borderless Capital partner Álvaro Gracia stated, "DePIN will become the 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."