MetaStreet, Beam, and Tactical Compute ($TACOM), a unique AI-focused investment platform based on Aethir, have successfully completed the first on-chain financing agreement for DePIN assets. This agreement addresses the ongoing challenge faced by members of the DePIN network, who often rely on costly open investments to support their operations.
As part of the agreement, $TACOM’s mobile chip agreement of $3.3 million, rented on-chain through Aethir, was tokenized to serve as collateral in MetaStreet’s Arbitrum-based DePIN Financing Pool. Metaversal also provided a debt capital of $415,000, demonstrating how capital markets can provide liquidity to support the growth of DePIN infrastructure.
MetaStreet, Tactical Compute, and BEAM are collaborating to enhance accessibility to on-chain liquidity. By partnering with Tactical Compute and BEAM, MetaStreet is helping participants in the DePIN network overcome the challenge of expensive upfront investments. This collaboration allows hardware owners to access on-chain liquidity, building on $TACOM’s $40 million fundraise to finance innovative technologies combining crypto and AI.
TACOM’s $3.3 million mobile chip deal, tokenized through Permian Labs on Arbitrum’s L2 blockchain, offers liquidity and yield opportunities for investors and lenders. The tokenization of hardware assets that were previously inefficient or inaccessible to DePIN-based providers enables MetaStreet to provide liquidity to TACOM and unlock new yield opportunities. The NFT tokenization process signifies legal ownership and enables borrowers to access lenders and liquidity to generate yield, showcasing the innovative lending structures that increase accessibility to DeFi liquidity for traditionally hard-to-finance assets.
