June 13, 2025 – In a move poised to reshape the decentralized technology landscape, JDI, a prominent venture capital firm in the Web3 space, has announced its full acquisition of blockchain platform Moonchain. The acquisition, officially confirmed on June 11, 2025, marks a strategic alignment of JDI’s deep hardware expertise and Moonchain’s forward-thinking blockchain architecture.
Founded by Wang Yiming in 2016, JDI has long been a leading force in Web3 investments, particularly in the DePIN (Decentralized Physical Infrastructure Network) arena. The firm is best known for its early and dominant role in Helium and other decentralized wireless networks, as well as for its capabilities as the largest hardware manufacturer in the sector. This acquisition signals JDI’s continued ambition to drive innovation by integrating infrastructure, capital, and talent.
Moonchain, on the other hand, has emerged as a bold innovator within the blockchain ecosystem, attracting attention for its robust, scalable, and secure platform. Engineered by a team of former Parity Technologies and zkSync engineers, Moonchain’s foundation is built on advanced cryptographic methods, layer-two scaling, and consensus protocols—all of which are openly documented via GitHub. The project has been widely recognized for its commitment to transparency and its user-centric philosophy.
In a recent statement, a Moonchain representative framed the acquisition as a new beginning for the platform:
“Moonchain is poised to embark on a transformative journey, blending cutting-edge innovation with sustainable growth. This is not just a beginning but a bold renaissance that will make us stronger, wiser, and more aligned with our vision of a decentralized future.”
The synergy between JDI’s hardware dominance and Moonchain’s blockchain protocol expertise is expected to supercharge the rollout of decentralized wireless networks and accelerate the adoption of blockchain in everyday devices. The collaboration will also bring Moonchain’s upcoming Initial Hardware Offering (iHO) into sharper focus.
Scheduled to launch at the end of June 2025, iHO represents a novel approach to onboarding users into Web3. The model allows participants to receive real-world hardware—ranging from smart tags and speakers to VR wearables and health tech—by staking Moonchain tokens.
These devices function as blockchain mining nodes and integrate seamlessly with the Moonbase app for a plug-and-play experience. Notably, Moonchain is in talks with brands like JBL to develop mineable wearable fashion tech, potentially making the Soundgear Frames the first of their kind.
Moonchain’s iHO also includes smart contract functionality on Ethereum for full transparency and aims to incentivize global adoption by rewarding users for routine actions, such as listening to music or tracking personal items.
Industry analysts view the acquisition as a major milestone for both companies and a pivotal moment for the DePIN sector. With JDI’s resources and Moonchain’s innovation, the partnership is set to push decentralized infrastructure further into mainstream use.
Both organizations have emphasized their shared commitment to transparency, security, and community empowerment. As the iHO launch nears and integration efforts ramp up, stakeholders across the crypto and tech industries will be watching closely.
“This is more than an acquisition,” said one industry insider. “It’s a signal that decentralized physical infrastructure has moved beyond theory—and into action.”