Borderless Capital Launches $100M Fund to Revolutionize Physical Infrastructure
TL;DR
- Borderless Capital has launched a $100 million decentralized physical infrastructure (DePIN) fund, attracting significant investments from key blockchain players.
- DePIN aims to revolutionize physical infrastructure management by utilizing blockchain technology, providing lower costs and easier access for users globally.
Investment manager Borderless Capital has announced the launch of its third decentralized physical infrastructure (DePIN) fund, backed by $100 million. This fund has received support from prominent investors, including the DePIN-focused blockchain Peaq, the Solana Foundation, and Jump Crypto. The announcement highlights the increasing interest in DePIN initiatives within the blockchain sector.
DePIN leverages blockchain technology to create networks of physical infrastructure, enabling projects to access essential services without the burden of heavy investments. This innovative model aims to streamline access and reduce costs for users, making it an appealing option for various stakeholders in the industry. Álvaro Gracia, a partner at Borderless Capital, believes that DePIN will become the global standard for deploying physical infrastructure, stating it will generate billions in passive income while ensuring lower costs for users.
The establishment of this $100 million fund represents a significant milestone for Borderless Capital, reflecting the growing recognition of decentralized solutions in managing physical assets. As the landscape evolves, the successful implementation of DePIN could lead to transformative changes across sectors, enhancing efficiency and accessibility for users worldwide.
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