Borderless Capital Introduces $100M DePIN Fund Backed by Peaq, Solana Foundation

Investment manager Borderless Capital has unveiled its third decentralized physical infrastructure (DePIN) fund with $100 million in backing. The fund counts DePIN-focused blockchain Peaq amongst its investors, as well the Solana Foundation and Jump Crypto amongst others, Borderless announced via email on Wednesday. DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment. “DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and generating billions in passive income while...