Latest DePIN Funding News

On March 7, 2025, BYDFi, a prominent global cryptocurrency exchange, announced the launch of two new trading pairs: ROAM/USDT and RED/USDT. This expansion aims to enhance investment opportunities for traders by introducing Roam (ROAM) and RedStone (RED), both of which are pivotal projects in the Web3 infrastructure sector. Roam focuses on creating a decentralized global WiFi roaming network, covering over 190 countries and connecting 4.5 million WiFi hotspots. With more than 2.3 million registered users, Roam has established itself as a leader in Decentralized Physical Infrastructure (DePIN) and has secured over $10 million in funding from notable investors, including Anagram and Samsung Next. Roam's innovative approach leverages advanced technologies such as OpenRoaming and eSIM to facilitate seamless global WiFi connectivity. It emphasizes user privacy and security through Decentralized Identity and Verifiable Credentials (DID+VC). Additionally, Roam employs AI algorithms to optimize network resources, thereby improving connection stability and bandwidth efficiency. The native governance token, $ROAM, incentivizes users to contribute to the network, currently priced at $0.3951 with a significant trading volume increase. On the other hand, RedStone is a modular decentralized Oracle that enhances data transmission for DeFi applications across more than 70 blockchain networks. Its unique design allows for efficient data retrieval and robust security, making it a strong competitor in the Oracle space. RedStone recently completed a $15 million Series A funding round and supports over 130 DeFi projects. The native utility token, $RED, is currently priced at $0.6016, reflecting a remarkable surge in trading activity. BYDFi continues to expand its offerings, now supporting over 600 cryptocurrencies and introducing exclusive rewards for its users as part of its ongoing commitment to provide a top-tier trading experience.

In the fourth quarter of 2024, io.net experienced remarkable growth, with revenue surging by 565% quarter-over-quarter, reaching an all-time high of $3.1 million. This significant increase was driven by three consecutive months of record-breaking monthly revenue, which also contributed to an annualized revenue rate of $12.5 million. Additionally, the market capitalization of IO, the native token of io.net, doubled from $187.3 million in Q3 to $375.6 million in Q4, reflecting a 48% increase in token price and a 36% rise in circulating supply. Despite a decrease in the daily median number of verified GPUs and CPUs, io.net maintained a robust operational framework, averaging 7,600 verified GPUs and 1,200 CPUs per day. The decentralized network of io.net, designed to provide scalable and efficient access to compute resources, has also formed 13 new partnerships aimed at leveraging its infrastructure for various applications, including AI agents and identity management solutions. Notably, io.net's collaboration with Dell Technologies integrates its decentralized GPU compute network with Dell's hardware, enhancing the capabilities for enterprises needing scalable GPU clusters for complex workloads. Furthermore, partnerships with organizations like Zerebro and OpenLedgerHQ showcase io.net's commitment to enhancing Ethereum validator operations and combining blockchain-secured datasets with decentralized compute resources, respectively. Looking ahead, io.net's emission schedule for the IO token projects the distribution of 9.3 million IO to GPU and CPU workers in the first quarter of 2025, with an average of 103,000 IO emitted daily. The network's stringent hardware requirements and hourly Proof-of-Work verification process ensure the authenticity and performance of its decentralized compute resources. As io.net continues to expand its partnerships and enhance its infrastructure, it solidifies its position as a leading platform in the decentralized computing landscape, catering to the growing demands of AI and machine learning applications.

The cryptocurrency market is in a state of constant evolution, with new projects emerging to capture the attention of traders. Among the established players, Solana (SOL) has maintained a robust position; however, it is now facing competition from a promising newcomer: Coldware (COLD). Coldware has garnered significant interest from Solana traders following a successful presale that lasted 14 days. This project, which focuses on decentralized finance (DeFi) solutions through its DePIN-based (Decentralized Payment Infrastructure Network) platform, is attracting both retail and institutional investors, highlighting a growing fascination with its innovative technology. While Solana is primarily recognized for its speed and scalability, Coldware aims to provide practical, secure, and efficient financial solutions through a Web3 mobile application. This unique approach addresses the needs of a decentralized financial ecosystem, making it particularly appealing to Solana traders who are in search of stability and growth. As Coldware continues to gain traction, it is becoming a viable alternative for those looking to diversify their investments in the ever-changing crypto landscape. As the competition heats up, Solana traders are increasingly considering Coldware as a serious investment opportunity. The impressive presale performance of Coldware positions it as a potential leader in the DeFi space, with the possibility of overtaking Solana if it maintains its current momentum. While Solana is expected to remain a dominant force in the blockchain sector, Coldware's focus on real-world applications and decentralized finance could see it rise rapidly in both price and adoption, making it a noteworthy contender in the cryptocurrency market.

Hivello Holdings Ltd has announced its integration with the Nosana network, a significant move aimed at enhancing passive income opportunities for users leveraging GPU resources. This partnership is particularly timely, given the increasing demand for decentralized GPU power driven by the rapid growth of generative AI applications. Justin Rosenberg, CEO of Blockmate Ventures, emphasized that this integration will not only fill a critical supply gap in decentralized computing but also boost GPU node participation, allowing users to earn higher yields on their investments. The collaboration with Nosana positions Hivello to tap into one of the most lucrative decentralized physical infrastructure networks (DePIN) for GPU-based compute. Users can now contribute their idle GPU power to support AI model training and software development, thereby maximizing their earnings. This integration simplifies the process for users, enabling them to connect their resources effortlessly and benefit from the burgeoning decentralized ecosystem without needing extensive technical knowledge. Domenic Carosa, Co-Founder and Chairman of Hivello, highlighted the transformative potential of decentralized infrastructure, stating that the integration with Nosana is a step toward making GPU-powered computing more accessible and scalable. As Hivello continues to expand its offerings, it aims to empower users to participate in the DePIN landscape and reap the rewards of their contributions. This strategic move not only enhances earning opportunities but also supports the growth of decentralized applications, positioning Hivello at the forefront of the evolving tech landscape.

Blockmate Ventures has announced a significant integration between its investee, Hivello Holdings, and the Nosana network, aimed at enhancing passive income opportunities for users. This collaboration focuses on utilizing GPU-based compute resources, which are in high demand for Artificial Intelligence (AI) and software development. Nosana is recognized as one of the leading platforms in the Decentralized Physical Infrastructure Networks (DePIN) space, allowing Hivello users to contribute their idle GPU power to a decentralized ecosystem. This partnership is expected to increase GPU node participation and provide users with automated earning opportunities through compute aggregation. According to Domenic Carosa, Co-Founder and Chairman of Hivello, this integration marks a pivotal step towards making GPU-powered computing more accessible and rewarding. The partnership with Nosana not only enhances earning potential for users but also supports the growth of decentralized infrastructure. As generative AI applications continue to gain traction, the demand for decentralized GPU power is expected to rise, making this integration timely and beneficial for Hivello users seeking higher yields from their GPU resources. The integration with Nosana is set to create a new passive income stream for GPU owners, further positioning Hivello within the expanding AI infrastructure market. With the automated compute aggregation capabilities now enhanced, users can easily connect their idle GPU power and maximize their earnings while contributing to the infrastructure that supports AI model training and software development. This strategic move aligns with Hivello's mission to simplify participation in DePIN networks, making it easier for anyone to earn passive income without needing extensive technical knowledge.

The blockchain market is experiencing a surge of innovation, with projects like Theta, Story (IP), and Qubetics leading the charge. Theta has emerged as a significant player in the decentralized video delivery space, providing a solution for streaming giants looking to cut costs and improve quality by eliminating centralized servers. Its growing partnerships and positive price movements indicate a rising demand for decentralized content distribution, positioning Theta as a key player in the future of streaming. On the other hand, Story (IP) is transforming the $15 trillion intellectual property management industry. By utilizing a blockchain-based framework, Story is modernizing the registration, monetization, and licensing of copyrights and trademarks. The platform automates payments and licensing through smart contracts, empowering creators and businesses with full control over their assets. This innovative approach addresses the traditional pain points in IP management, such as high legal fees and delayed royalty payments, making it a game-changer in the sector. Meanwhile, Qubetics is set to revolutionize cross-border transactions with its blockchain-powered ecosystem. By addressing the inefficiencies of traditional international transfers, Qubetics offers instant, low-cost payments that eliminate hidden fees and banking restrictions. Its presale has already broken records, raising $14.6 million with over 495 million $TICS tokens sold. Analysts predict substantial returns on investment, making Qubetics one of the most promising crypto opportunities this year. As these projects continue to innovate, they are reshaping their respective industries and paving the way for a more decentralized future.

Verida has officially launched the beta version of its AI platform, marking a significant advancement in personal data privacy and user control. The Verida AI solution allows users to maintain ownership of their data while facilitating powerful AI integrations through secure and confidential APIs. With data fully encrypted on the Verida Network, users can confidently engage with AI applications, knowing their information remains private even during processing. This beta release is a pivotal step towards redefining user consent and driving innovation in AI technology. Key features of the Verida AI beta include developer APIs that enable seamless integration of user-owned encrypted data into AI applications, enhancing personalization and contextualization. The platform emphasizes consent-based data access, allowing users to connect their personal data for AI inference while retaining full control over their information. The growing ecosystem of data connectors includes popular platforms like Google and Telegram, with more integrations planned. Additionally, the introduction of the “Connect Verida” button simplifies user authentication and data access, ensuring privacy-preserving personalization in AI experiences. The Verida Token (VDA) underpins the platform, facilitating API requests and ensuring a sustainable ecosystem for developers. Verida is committed to fostering innovation through developer grants aimed at application integration and data connector development. By empowering users to take custody of their data, Verida aims to challenge the dominance of big tech in data ownership and monetization. This beta release not only enhances user control but also opens new avenues for creating hyper-personalized AI solutions without compromising individual privacy, heralding a new era of privacy-preserving AI technology.

Secured Finance is set to launch a US dollar-dominated stablecoin, named USDFC, within the Filecoin ecosystem. This initiative is anticipated to enhance the financialization of interactions with Filecoin data, drawing parallels to the impact DAI had on Ethereum's decentralized finance (DeFi) markets. According to a recent report by 10X Research, the introduction of this stablecoin is expected to unlock significant value within the rapidly growing Web3 platform, Filecoin, which is already witnessing high-level support from various foundations and an expanding list of ecosystem partners. The 10X Research report highlights several benefits that the USDFC stablecoin could bring to the Filecoin ecosystem. Firstly, it aims to increase user adoption by providing an on-chain reserve stablecoin, making the platform more accessible to a broader audience. Additionally, it promises enhanced liquidity and stability by allowing users to transact in US dollars instead of FIL tokens. This shift could open up a universe of opportunities for users, enabling them to engage in loop trading, carry trades, and fixed-income instruments within the Filecoin network. Masa Kikuchi, CEO of Secured Finance, expressed optimism about the potential of the Filecoin ecosystem, stating that enabling transactions in US dollars could lead to rapid growth and innovation. The success of USDFC could mirror the trajectory of DAI, which saw its backing ETH tokens grow to over seven billion dollars within two years of its launch. If USDFC achieves similar success, it could significantly alter the landscape for the Filecoin project and its community, paving the way for a new era of decentralized finance within the platform.

On March 6, 2025, Roam, the leading decentralized wireless network, is set to launch its $ROAM token for spot trading on eight major cryptocurrency exchanges, including Bybit, Bitget, and KuCoin. This launch will be accompanied by a significant airdrop campaign, distributing a total of 6 million $ROAM tokens to users across these platforms. The trading pair ROAM/USDT will go live at 10:00 UTC, with various incentives for early adopters, such as trading rewards and bonuses for new users. Each exchange has unique offerings, including deposit rewards and trading competitions, creating a competitive environment for users to engage with the new token. Roam's tokenomics are designed for stability and long-term growth, with a total supply of 1 billion $ROAM tokens. The distribution includes allocations for the team, investors, and mining rewards. Notably, the token follows an exponential decay release model similar to Bitcoin, ensuring a controlled supply over time. Additionally, Roam has introduced a pilot burn mechanism to enhance community engagement and token scarcity, which has already seen a significant portion of points burned shortly after its launch. As a pioneer in the decentralized physical infrastructure network (DePIN) sector, Roam continues to expand its global presence, boasting over 2.3 million users and more than 2 million WiFi nodes worldwide. The upcoming token generation event (TGE) is expected to be a pivotal moment for the DePIN landscape in 2025, especially as Roam seeks to drive mass adoption of Web3 technologies. With its innovative approach and strong market entry strategy, Roam is well-positioned to capture attention and foster discussions around decentralized wireless connectivity.

Theta Labs has recently expanded its AI research partnerships by welcoming Kangwon National University into its Theta EdgeCloud decentralized GPU network. This collaboration marks a significant milestone, as Kangwon National University becomes the 23rd academic customer of Theta EdgeCloud. The partnership aims to enhance AI research capabilities, achieving an impressive GPU utilization rate exceeding 85% across Theta's global network, alongside more than 230 million TFUEL locked by Elite Booster node operators. The EdgeCloud platform is already supporting various enterprises and academic institutions, including NHL teams and renowned universities, thus solidifying its role in advancing AI research and real-world applications. Professor Kyeongpil Kang, who leads the Data Analytics & Machine Intelligence (DAMI) Lab at Kangwon National University, specializes in natural language processing, machine learning, and data mining. The DAMI Lab focuses on large-scale AI research, exploring areas such as fine-tuning large language models (LLMs), machine learning solutions for specific domains, and AI-driven insights in fields like social sciences and medical AI. The collaboration with Theta EdgeCloud will provide the lab with access to a hybrid cloud-edge GPU computing platform, enabling researchers to conduct innovative experiments and develop advanced AI applications. As the partnership progresses, both Professor Kang and Mitch Liu, co-founder and CEO of Theta Labs, express excitement about the potential of this collaboration. Liu emphasizes the importance of expanding GPU infrastructure to meet the growing demand while maintaining cost-effectiveness. The goal for 2025 includes a tenfold increase in the customer base, achieving over 95% GPU utilization, and locking in more than 2 billion TFUEL through elite edge node operators. This partnership not only enhances the capabilities of DAMI Lab but also strengthens Theta Labs' position in the decentralized cloud infrastructure space for AI and machine learning.