Multicoin Capital invests in DePIN project Grass; expected annual revenue of $17 million by 2025
2026-09-30 08:26:33
According to CoinMeta, Multicoin Capital announced an investment in DePIN project Grass through its hedge funds and venture capital funds. Grass encourages global users to share their idle network bandwidth to help AI laboratories capture and process public internet data. Multicoin revealed that Grass expects to generate approximately $17 million in revenue in 2025, another $17 million in the first half of 2026, and anticipates that revenue from data training alone will reach $75 million for the entire year.
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