According to official news from Odaily, MXC announced that it has received US$10 million in strategic investment, led by JDI Ventures, a DePIN-focused investment fund under blockchain hardware manufacturer JDI Global. The MXC team was founded in 2017 and is headquartered in Berlin, Germany. It has been committed to the development of the DePIN field. The team has launched the Layer3 zkEVM solution on Arbitrum, with the vision of becoming the DePIN infrastructure for the Ethereum ecosystem. JDI Global will work with the MXC team to provide funding, hardware development and market influence support for start-up DePIN projects to accelerate the construction of the DePIN ecosystem.