Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by peaq, the Solana Foundation, Jump Crypto, and IoTeX. The DePIN market is expected to reach $3.5 […]
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Borderless’ third fund targeting DePIN projects is backed by peaq, the Solana Foundation, Jump Crypto, and IoTeX. The DePIN market is expected to reach $3.5 […]
Dragonfly’s new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firm’s portfolio.
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.
Crypto firms, VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others.
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.
The protocol seeks to address longstanding limitations of airdrops.
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2.
