Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail DAWN raises $13M to expand decentralized bro Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail DAWN raises $13M to expand decentralized bro

DAWN raises $13M to expand decentralized broadband networks

5 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

DAWN raises $13M to expand decentralized broadband networks

The decentralized wireless protocol plans U.S. expansion and new international deployments as investors back a user-owned alternative to legacy internet providers.

By Jamie Crawley, AI Boost|Edited by Sheldon Reback
Dec 18, 2025, 3:39 p.m.
Decentralized wireless protocol DAWN raised $13 million in a Series B funding round. (춘성 강/Pixabay, modified by CoinDesk)

What to know:

  • DAWN raised $13 million in a Series B led by Polychain Capital.
  • The protocol enables individuals and organizations to own and monetize wireless broadband infrastructure.
  • New funding will support U.S. growth and international rollouts.

DAWN, a decentralized protocol designed to deliver a multigigabit broadband service owned and operated by users, said it raised $13 million in a Series B funding round led by Polychain Capital.

The money will be used to expand the Solana-based protocol's network coverage across the U.S. and roll out international deployments, according to an announcement shared with CoinDesk on Thursday.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The New York-based project allows individuals and organizations to act as network hosts, deploying wireless nodes that provide internet access. The hosts earn rewards based on coverage quality and demand. The model aims to sidestep the centralized ownership structures that dominate traditional broadband, instead distributing infrastructure ownership to the network edge.

The funding highlights the interest of investors in the introduction of decentralization to real-world services, an approach known as decentralized physical infrastructure (DePIN).

DAWN is not alone in identifying communication as a DePIN application. Another prominent project, Helium, allows users to act as small cellphone sites by installing hot spots. The platform, also built on Solana, expanded to the Brazilian market this month in a partnership with local WiFi provider Mambo.

DAWN reaches over 4 million households in the U.S, while an initial international rollout in Accra, Ghana targets underserved districts where fiber has proven slow and expensive to deploy.

The project also introduced consumer hardware, including its Black Box device, which doubles as a router and a decentralized infrastructure node. The device supports multiple blockchain ecosystems and allows households to participate directly in broadband delivery while earning rewards.

DePINInternetFunding RoundsPolychain Capital
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

The move links PayPal’s dollar-pegged token to onchain funding for GPUs and data centers, supported by a $1 billion customer incentive program.

What to know:

  • PYUSD will be used to support USD.AI’s onchain financing for AI infrastructure, including GPUs and data centers.
  • A one-year incentive program will offer 4.5% yield on up to $1 billion in customer deposits.
  • The development highlights growing demand for programmable dollar settlement as AI infrastructure spending accelerates.
Read full story
Latest Crypto News

Gold, silver shine in debasement trade as bitcoin is left behind

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

Most Influential: Dennis Porter

Most Influential: Javier Pérez-Tasso

Most Influential: Gilles Roth

Top Stories

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

Gold, silver shine in debasement trade as bitcoin is left behind

U.S. inflation data surprises, with CPI higher by just 2.7% in November

Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

SoFi unveils the first bank-issued stablecoin for enterprise payments

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Eric Trump bets Fed rate cut will send crypto stocks skyrocketing

Eric Trump bets Fed rate cut will send crypto stocks skyrocketing

Eric Trump is betting big on the fourth quarter. He says if the Federal Reserve cuts rates like everyone’s expecting, crypto stocks are going to rip higher… fast. “I just think you would potentially see this thing skyrocket,” Eric told Yahoo Finance, pointing to the usual year-end momentum in crypto. He says this moment matters […]
Share
Cryptopolitan2025/09/18 00:24
Vlna BitcoinFi boomu sa začína s HYPER

Vlna BitcoinFi boomu sa začína s HYPER

The post Vlna BitcoinFi boomu sa začína s HYPER appeared on BitcoinEthereumNews.com. Bitcoin Hyper získava 16 miliónov USD: Vlna BitcoinFi boomu sa začína s HYPER Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Với hơn 5 năm làm việc trong lĩnh vực phân tích thị trường tiền điện tử, Khang luôn hướng tới mục tiêu đem lại các kiến thức bổ ích về crypto cho bạn đọc. Anh có rất nhiều bài viết chất lượng phân tích xu hướng blockchain, DeFi và các dự án presale coin tiềm năng mới. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/bitcoin-hyper-raises-16m-bitcoinfi-boom-with-hyper-vn/
Share
BitcoinEthereumNews2025/09/18 10:00
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37