Sources
Story Timeline
•Latest version
Borderless Capital Launches $100M Third DePIN Fund III
•Original version
Borderless Capital Launches Third $100M DePIN Fund Today
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
13 posts • ChatGPT (GPT-4o)
Updated
Borderless Capital has announced the launch of its third DePIN Fund III, securing $100 million in backing. The fund aims to support the expanding Decentralized Physical Infrastructure (DePIN) ecosystem. Key contributors to this fund include Peaq, Solana Foundation, IoTeX, Jump, Wormhole Foundation, GSR, Movement Labs, and GEODNET. DePIN is a rapidly growing sector in the crypto industry, with over 370 live tokens transforming industries such as cloud computing, telecom, and renewable energy. Approximately 75% of these tokens focus on AI and compute, while 25% enable physical services like wireless and energy.