03 Apr 202415:19
Project update
IoTeX (IOTX) raised $50M to expand its DePIN ecosystem

IoTeX (IOTX) raised $50M to expand its DePIN ecosystem

Investors in this round include SNZ Capital, Foresight Ventures, Borderless Capital, Amber Group, and Waterdrip Capital among others. IoTeX is DePIN's modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains.