Peaq, a Layer-1 blockchain, secured $15 million in funding to bolster its decentralized physical infrastructure network (DePIN). Led by Generative Ventures and Bordless Capital, with support from Spartan Group, CMCC Global, and Animoca Brands, the investment precedes the mainnet launch and PEAQ token listing. DePIN revolutionizes infrastructure provision by utilizing blockchain and token incentives, akin to a decentralized AWS or Google Cloud. With over 20 active networks, Peaq's expansion aligns with Messari's forecast of DePIN reaching a staggering $3.5 trillion market value by 2028.