Web3 investment firm JDI announced the full acquisition of the blockchain project Moonchain. Moonchain was founded by former engineers from Parity Technologies and zkSync, focusing on blockchain protocols, Layer 2 scaling, and DePIN technology. JDI stated that this acquisition will combine its hardware manufacturing capabilities with Moonchain's technical foundation to advance its presence in the decentralized infrastructure sector. Moonchain plans to launch its first hardware giveaway (iHO) at the end of June, where users can obtain smart devices for accessing Web3 networks by staking tokens.