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 groundbreaking deal addresses a longstanding challenge faced by members of the DePIN network who often rely on costly traditional investments to support their operations.
As part of this agreement, $TACOM’s mobile chip agreement worth $3.3 million, tokenized onchain through Aethir, has been used as collateral in MetaStreet’s Arbitrum-based DePIN Financing Pool. Metaversal has provided a debt capital of $415K, demonstrating how capital markets can provide liquidity to support the growth of DePIN infrastructure.
MetaStreet, Tactical Compute, and BEAM Collaborate to Enhance Onchain Liquidity Accessibility
By partnering with Tactical Compute and BEAM, MetaStreet is enabling participants in the DePIN network to access onchain liquidity. This partnership addresses the challenge faced by DePIN ecosystem participants who rely on expensive upfront investments to sustain their operations, allowing hardware owners to access onchain liquidity.
This initiative builds on $TACOM’s $40 million fundraising efforts to support technologies that combine crypto and AI. MetaStreet’s expertise in onchain lending for traditionally hard-to-finance assets, combined with Arbitrum’s L2 blockchain for scalability and a robust DeFi ecosystem, ensures a sustainable and efficient financial infrastructure.
TACOM’s $3.3 Million Mobile Chip Deal Tokenized with Permian Labs
TACOM tokenizes hardware assets that are often underutilized or inaccessible to DePIN-based hardware providers. By tokenizing and integrating these assets into onchain capital markets, MetaStreet provides liquidity to TACOM and unlocks new yield opportunities for Metaversal and institutional lenders. The tokenization of $TACOM’s $3.3 million mobile chip deal via Permian Labs on Arbitrum’s L2 blockchain ensures legal ownership and opens up new DeFi applications.
MetaStreet’s innovative lending pools use tokenized assets as collateral, enabling borrowers to access liquidity and generate yield. The initial $415K loan provided by Metaversal highlights the role of cutting-edge lending structures in enhancing DeFi liquidity accessibility for traditionally hard-to-finance assets.
