The DEPIN project, GEODNET, has completed over $2 million in strategic financing, with participation from investors such as COINFUND.

DEPIN project, under the GEODNET Foundation, has announced the completion of a strategic financing round, raising over $2 million. The funding was contributed by COINFUND, PANTERA CAPITAL, VANECK, and SANTIAGO R. SANTOS, among others. GEODNET is a blockchain-based global navigation network, with its Real-Time Kinematic (RTK) network having registered over 5,000 GPS/GNSS reference stations.