Golden Finance reported that Borderless Capital launched its third DePIN fund, with a commitment of $100 million. Investors in the fund include blockchain Peaq, which focuses on DePIN, as well as Solana Foundation and Jump Crypto.

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