Latest DePIN Funding News

Bee Maps, a decentralized mapping startup previously known as Hivemapper, has successfully raised $32 million to enhance its blockchain-based cartography network. The funding round was led by prominent investors including Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital, marking it as one of the largest in the Decentralized Physical Infrastructure Network (DePIN) sector. The platform incentivizes users with HONEY tokens for capturing real-world footage via Bee Dashcams, which is then processed by AI to identify roadwork, new signage, and infrastructure modifications. This decentralized approach aims to deliver more accurate and diverse geographical data compared to traditional centralized systems, as highlighted by a spokesperson from Pantera Capital. In its next phase, Bee Maps is focusing on accessibility by introducing a new $19 monthly Bee Membership Plan, which replaces the previous hardware fee of $589. This strategic move is expected to significantly increase user participation by lowering the barrier to entry for contributors. The platform has already secured data and integration partnerships with major players such as Volkswagen, Lyft, and Mapbox, allowing its live mapping feeds to be utilized in navigation tools and AI training models. As the DePIN sector continues to thrive, Bee Maps is positioned to capitalize on the growing demand for real-time, precise data in various industries. In a related development, the DePIN market is witnessing a surge, with a reported 28% increase in on-chain activity since July. Solana has emerged as the second most active blockchain for DePIN projects, following Ethereum. Meanwhile, the launch of Snorter, a new token and Telegram sniper bot, is gaining attention for its speed and efficiency in automating trades. Analysts from 99Bitcoins suggest that such utility bots could signal the next phase of the crypto bull market, particularly as they help users navigate the increasingly complex landscape of tokenized infrastructure projects. As the market evolves, both Bee Maps and Snorter are poised to play significant roles in shaping the future of decentralized applications and infrastructure.

The fine wine industry, valued at $1 trillion, is facing significant challenges such as fraud, inefficiency, and a lack of transparency. dVIN Labs is introducing the concept of the "Intelligent Product," which aims to revolutionize the way wine is managed by making each bottle smart and connected. This innovation is particularly crucial given the industry's current state, where a bottle of wine can be treated with less sophistication than a simple package from an online retailer. The global wine market, with an annual turnover of $460 billion, suffers from high transaction fees, long settlement times, and substantial losses due to counterfeiting and spoilage, largely because wine has historically been a passive object without the ability to communicate its journey or authenticity. The introduction of Smart Wine leverages advancements in Artificial Intelligence, Web3, and the Internet of Things to create a new paradigm for wine management. By integrating DePIN (Decentralized Physical Infrastructure Networks) with NFC/RFID technology, each bottle can connect to a network, allowing it to communicate real-time data about its environment. This connectivity is paired with the dVIN Protocol, which assigns a unique identity to each bottle through a Digital Cork, an NFT on the Solana blockchain. This not only ensures authenticity but also provides a transparent record of the wine's provenance, effectively addressing the $70 billion counterfeit issue in the industry. The transformation to Smart Wine is set to unlock significant economic value by enhancing liquidity and efficiency in trading. With the Digital Cork facilitating instant ownership transfers and drastically reducing transaction fees, the market's trading volume could see a substantial increase. Additionally, wineries can benefit from perpetual royalties through smart contracts, allowing them to share in the appreciation of their wines on the secondary market. As dVIN Labs continues to tokenize bottles and expand its partnerships, the future of the fine wine market looks promising, paving the way for a connected and intelligent wine ecosystem.

The Theta ecosystem is witnessing significant advancements as it gains traction across various sectors, including sports, media, academia, and AI startups. The September Roundup highlights a series of exciting developments, showcasing the platform's versatility and growing adoption. Notably, Major League Soccer's Philadelphia Union has launched a new app that features an EdgeCloud-powered RAG chatbot, enhancing fan engagement through innovative technology. Additionally, academic institutions such as SeoulTech and Emory University have signed on to utilize Theta EdgeCloud, further expanding its reach in educational settings. The Theta community recently gathered in Berlin for the annual ThetaEuroCon and BlockJam hackathon, fostering collaboration and innovation among developers and enthusiasts. The platform was also prominently featured at Korea Blockchain Week, where events like Aethir deAI Day and the IoTeX DePin + Real-World AI event showcased its capabilities in integrating blockchain with real-world applications. Furthermore, the development of EdgeCloud continues to progress, with new integrations of advanced AI technologies such as Google Gemini 2.5 Pro and xAI Grok4, indicating a commitment to staying at the forefront of technological advancements. In addition to these developments, the Theta team has released Version 1.2 of the Theta Edge Node for Android and upgraded the Theta Android Wallet to v5.3.0. A notable partnership has been initiated with Olympique de Marseille at the Orange Velodrome stadium, signaling the platform's entry into the sports arena. As Q4 approaches, the Theta Network is poised for more exciting announcements and developments, making it a key player in the blockchain space.

In the latest update from Titan, significant progress has been made across various initiatives, including the completion of Phases 1 and 2 of the IP Leasing incentive campaign, which distributed a total of $28,000 USDC to legitimate contributors. The campaign has undergone rigorous audits to eliminate fraudulent activities, ensuring transparency and fairness. Phase 3 commenced on September 26, featuring a $15,000 USDC challenge with two tracks aimed at Promoters and Node Operators, further incentivizing community engagement. Additionally, Titan secured $150,000 from Filecoin ProPGF to advance the SP Bandwidth project, reinforcing its commitment to innovation and growth in the blockchain space. On the product development front, Titan has made strides in its testnet and tokenomics, implementing immediate fixes on August 28 to stabilize the market. These adjustments include a temporary reduction in staking APR and a new revenue split model that benefits operators. The team is also in the final stages of testnet development, focusing on sustainability and real revenue generation before the mainnet launch. The decision to migrate to a major Ethereum Layer 2 solution is strategic, aimed at enhancing interoperability and liquidity while ensuring thorough end-to-end testing of the platform. Partnerships have also been a focal point, with a new collaboration with Cloudflare announced at the #CloudflareImmerse event in Guangzhou. This partnership aims to optimize resource orchestration and enhance service delivery across the APAC region. Furthermore, Titan has upgraded its customer service with the introduction of the Titan AI Assistant, ensuring prompt support for users. As the team prepares for the mainnet launch, they are committed to maintaining transparency and community engagement, with several upcoming events and initiatives designed to foster growth and innovation in the blockchain ecosystem.

On October 2nd, the crypto landscape witnessed a significant event with the launch of DoubleZero's mainnet beta version and the simultaneous listing of its native token, 2Z, on major exchanges such as Binance, Bybit, and Upbit. This unprecedented speed in listing led to a remarkable market response, with 2Z's trading volume surpassing $1.4 billion within 24 hours and its market capitalization soaring to over $2 billion, placing it among the top 100 crypto assets. The project received notable backing from the Solana ecosystem, including a historic "No-Action Letter" from the U.S. SEC, which confirmed that the distribution of 2Z did not require registration as a security, alleviating compliance concerns for exchanges. DoubleZero's founding team is composed of industry veterans, including Austin Federa, co-founder and CEO, who previously played a pivotal role at the Solana Foundation. This strong leadership, combined with a unique narrative that introduces a new protocol category called "N1" (Network 1), positions DoubleZero strategically within the blockchain space. The N1 protocol aims to create a dedicated high-speed network for existing blockchain networks, avoiding competition with traditional Layer 1 and Layer 2 protocols. This innovative approach not only targets the crypto sector but also has potential applications in various fields requiring distributed networks, such as content delivery and real-time gaming. Despite its promising launch, DoubleZero faces challenges in maintaining market momentum. The token's price has struggled to sustain growth post-launch, partly due to its high initial valuation and the absence of a community airdrop, which has led to criticism regarding its perceived disconnect from retail investors. The project's focus on institutional-level infrastructure may limit broader consumer engagement, making it more appealing to businesses rather than individual users. As DoubleZero continues to develop its B2B operations, its long-term success will hinge on its ability to bridge the gap between institutional and consumer markets, ensuring that it can maintain relevance in the evolving crypto landscape.

In the evolving landscape of cryptocurrency, regulatory frameworks play a pivotal role in determining the success of various projects. As the U.S. moves towards clearer regulations under the leadership of Donald Trump in 2025, decentralized finance (DeFi) and tokenization initiatives are gaining traction, particularly through the GENIUS Act. A notable development in this space is the rise of decentralized physical infrastructure networks (DePin), which have amassed over $16.9 billion in assets, with projects like Bittensor, Render, and Filecoin emerging as frontrunners. Solana, in particular, is becoming a hub for many DePin projects, which could significantly shape the future of the sector due to recent regulatory advancements. At the forefront of these developments is DoubleZero, a DePin platform focused on enhancing Solana's scalability by optimizing data transfer between validators. The platform aims to achieve an impressive throughput of 1 million transactions per second (TPS) by leveraging underutilized private fiber-optic links. DoubleZero's commitment to regulatory compliance was underscored when the SEC issued a no-action letter on September 29, 2025, effectively approving the programmatic distribution of its 2Z tokens. This letter indicates that the SEC will not pursue enforcement actions against DoubleZero, provided the token functions solely as a utility and does not qualify as a security under the Howey Test. The SEC's no-action letter has been met with enthusiasm within the crypto community, as it sets a precedent for future projects seeking regulatory clarity. Legal experts view this as a significant milestone that could facilitate compliant token distributions in the U.S. Crypto-friendly SEC Commissioner Hester Peirce has expressed optimism about this guidance, suggesting it allows for further innovation in the sector. The positive reception of this ruling is echoed by Helium, a decentralized wireless network, which sees it as a victory for DePin initiatives. As the regulatory landscape continues to evolve, the implications of these developments for platforms like DoubleZero and Helium could foster a new wave of innovation in the crypto space.

Karrier One, a leader in decentralized telecom infrastructure, has announced a significant partnership with Iridium Communications Inc. This collaboration aims to integrate Iridium's NTN Direct IoT capabilities into the Karrier One ecosystem, allowing for enhanced connectivity in remote and inaccessible locations. According to Samer Bishay, CEO of Karrier One, this partnership will enable deployers to connect sensors and devices globally, eliminating the need for local base stations. This development is particularly crucial for applications such as environmental monitoring and asset tracking in areas where terrestrial networks are unavailable. The integration of Karrier One's decentralized network model with Iridium's low-Earth orbit satellites offers several advantages. Deployers can achieve instant global reach for narrowband IoT devices, ensuring connectivity across land, sea, and air. Additionally, the collaboration allows for zero infrastructure deployment, enabling users to focus on their applications rather than on building physical towers. This resilient machine-to-machine (M2M) communication is ideal for critical use cases, including maritime tracking and environmental sensing, providing seamless network integration through the Karrier One platform. This partnership reflects a shared vision of redefining connectivity beyond geographical limitations. The MOU will lead to a bilateral agreement that will detail the technical integration and commercial rollout of their collaboration. As Karrier One continues to innovate in decentralized telecommunications, this partnership with Iridium positions them to empower innovators to deploy IoT solutions anywhere on Earth, ensuring reliability and extensive reach in the process.

Aethir, a leading provider of decentralized AI compute, has announced a significant partnership with Predictive Oncology, a pioneer in AI-driven drug discovery. This collaboration will see Predictive Oncology amass a strategic compute reserve of $344.4 million, specifically designed to acquire and stake ATH, Aethir's network token. The initiative, led by DNA Fund and supported by BTIG, marks a groundbreaking moment as it is the first instance of a Nasdaq-listed company actively managing tokens from a decentralized physical infrastructure network. This move aims to address the GPU shortage that has been hampering scientific advancements across various fields, including pharmaceutical research and climate modeling. The partnership is expected to enhance Predictive Oncology's capabilities in training AI models that analyze extensive genomic and patient datasets. The high costs and limited availability of centralized cloud providers have made it difficult for companies in oncology to access the necessary high-performance compute resources. Raymond Vennare, CEO of Predictive Oncology, emphasized that this partnership not only solidifies their core business but also opens up new growth opportunities through their digital asset treasury strategy. DNA Holdings Venture, Inc. will act as the strategic advisor for this initiative, connecting institutional capital with Aethir's GPU infrastructure. Aethir's decentralized marketplace is designed to source and manage enterprise-grade GPU supply, offering significant cost savings compared to traditional providers. With over $150 million in verifiable annual recurring revenue, Aethir has already delivered 1.16 billion compute hours, demonstrating its capacity to drive faster AI innovation and democratize access to GPU resources. By accumulating and staking ATH, Predictive Oncology aims to bolster the security and decentralization of the Aethir network, allowing institutional investors to engage in its growth without direct token custody. This partnership not only highlights the potential of decentralized infrastructure in AI but also sets a precedent for future collaborations in the field.

The U.S. Securities and Exchange Commission (SEC) has issued a significant "no action" letter regarding the DEPIN (decentralized physical infrastructure networks) sector, specifically addressing the distribution of Double Zero's 2Z token. This letter indicates that the SEC will not pursue enforcement actions against the token's distribution, affirming that the programmatic transfers described do not fall under the registration requirements of Section 5 of the Securities Act. This clarity is expected to encourage participation in DEPIN networks without the looming concern of regulatory repercussions. Double Zero operates a low-latency DEPIN that utilizes underutilized physical fiber to enhance blockchain performance by mitigating traditional network frictions. In exchange for their contributions, participants in the network will receive the 2Z token. SEC Commissioner Hester Peirce emphasized that DEPIN tokens should be viewed as incentives rather than investment contracts, suggesting that classifying them as securities could hinder the growth of decentralized service networks. This perspective aligns with the SEC's recent trend of categorizing certain crypto tokens as non-securities, which has positively impacted market sentiment. Following the SEC's announcement, the DEPIN sector experienced a notable surge, with the overall market size increasing by 3% to reach $34 billion. Several projects, including Zebec Network, Helium IOT, and Dynex, saw significant gains, reflecting the optimism surrounding regulatory clarity. This marks the third instance where the SEC has classified a category of crypto tokens as non-securities, following similar decisions for proof-of-work and proof-of-stake systems earlier this year. As Double Zero prepares to transition from testnet to mainnet, the regulatory environment appears increasingly favorable for DEPIN initiatives.

In a significant move within the cryptocurrency landscape, two biotech firms are set to launch new Digital Asset Treasuries (DATs) after successfully raising a combined total of $402 million in private placements. These funds will be utilized to acquire substantial amounts of Aethir (ATH) and Binance Coin (BNB). The first firm, Predictive Oncology, has raised approximately $344.4 million, making it the first Nasdaq-listed company to stack Decentralized Physical Infrastructure Network (DePIN) tokens. Aethir, the second firm, focuses on providing GPU-as-a-service solutions for AI, gaming, and cloud workloads, positioning itself as a pivotal player in the decentralized infrastructure space. Dan Wang, co-founder and CEO of Aethir, highlighted the partnership's significance, referring to it as the establishment of the world’s first Strategic Compute Reserve. This initiative not only positions Aethir as a digital asset treasury but also enhances its operational capabilities to support a global infrastructure layer for AI. The investment structure includes two concurrent private placements, one involving cash investments and the other in-kind contributions of ATH, which will expedite Aethir's access to its business-focused GPU AI infrastructure. In addition to Aethir, Applied DNA Sciences is pivoting to become a BNB DAT with an allocation of up to $58 million for private investment in public equity. The firm plans to change its ticker to BNBX and has already secured $27 million in commitments, with potential for an additional $31 million. This strategy involves integrating actively managed decentralized finance protocols and Binance ecosystem-specific strategies, marking a shift from traditional passive staking methods. As the third publicly listed BNB DAT, Applied DNA Sciences aims to drive superior cash flow and returns while maintaining the flexibility and transparency that institutional investors require.