Multicoin Capital Invests in DePIN Project Grass
Multicoin Capital has announced an investment in the DePIN project Grass, which utilizes a decentralized network to provide pre-training data for AI labs. Grass reported $17 million in revenue for the first half of 2025 and projects $75 million in annual revenue from its training data business, with over 6 million contributors currently participating in the network.
Summaries are written by AI from the original article. Not investment advice.