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Article • about 1 year ago

IoTeX Secures $50M Funding Round for DePIN Ecosystem Expansion

IoTeX
IoTeX Secures $50M Funding Round for DePIN Ecosystem Expansion
Summary
  • IoTeX secures $50 million in funding to accelerate the growth and adoption of its DePIN ecosystem.
  • The investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, and others, to support long-term staked IOTX and DePIN projects.

Source: https://cryptoslate.com/iotex-secures-50m-investment-expanding-depin-narrative-for-next-cycle/

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