Borderless Capital Launches $100 million DePIN Fund

Borderless Capital has launched its third DePIN fund, which is backed by $100 million. Investors in the fund include DePIN-focused blockchain Peaq, as well as the Solana Foundation and Jump Crypto, among others.
Álvaro Gracia, partner at Borderless Capital, said: "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 easy access and lower costs."