/// Executive Intelligence
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Strategic partnership with Wallbox (NYSE: WBX) to integrate ~1 million global charging nodes.
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Backed by Lemniscap and Colosseum following a $2.5M Seed round.
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DePIN-Fi model has already tokenized $500k of charging infrastructure assets.
DeCharge has flipped the DePIN playbook. While most decentralized infrastructure projects struggle with the "cold start" problem of deploying hardware, Co-founder Dr. Prakash Kamaraj revealed a strategic integration with Wallbox (NYSE: WBX). The deal effectively turns Wallbox’s installed base of over 1 million chargers into potential nodes on the DeCharge network. This "brownfield" approach—layering Web3 incentives on top of existing Web2 hardware—positions DeCharge to scale faster than any competitor attempting to build a network from scratch.
The project introduces "DePIN-Fi," a hybrid model merging physical infrastructure with DeFi yields. Instead of relying solely on utility rewards, DeCharge allows for the tokenization of charging assets, enabling investors to fund specific high-yield chargers. The platform has already tokenized approximately $500k worth of infrastructure, creating a liquid market for EV charging revenue. This financial layer solves the capex-heavy nature of energy grid expansion by allowing retail and institutional liquidity to flow directly into hardware deployment.
The macro thesis is driven by a $500 billion market failure: global EV mandates are outpacing infrastructure development, creating massive bottlenecks. DeCharge’s solution is built on Solana to handle the high-frequency transactions required for real-time energy settlements. With a leadership team boasting three previous exits in the mobility sector and backing from Lemniscap and Colosseum, the project is moving beyond the "science experiment" phase of DePIN into institutional-grade execution.
Why This Matters
DeCharge's demo day pitch shows potential in the EV charging space within the DePIN sector, however, it's still early and impact is speculative.