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IoTeX secures $50M investment expanding dePIN narrative for next cycle

The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and others, with the funds being […]

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