Borderless Capital Launches $100 Million DePIN Fund, With Participation from Peaq, Solana Foundation, etc.
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September 18, 2024
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Borderless Capital Launches $100 Million DePIN Fund
Borderless Capital has launched its third DePIN fund, backed by $100 million in commitments. Investors in the fund include blockchain company 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.
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