Modular Capital Backs Dtravel's Web3 Vision for the Future of Decentralized Travel
We are excited to announce backing from Modular Capital in a strategic funding round set to support Dtravel's continued growth and innovation as a peer-to-peer vacation rental network.
Dtravel, the decentralized travel platform reimagining vacation rentals through blockchain technology, today announced backing from Modular Capital. This strategic funding round follows recent support from Borderless Capital. Both partnerships are playing a crucial role in helping grow Dtravel’s global network of vacation rental operators and travelers.
Strategic Partnership
Modular Capital is supporting Dtravel's continued growth and innovation as a peer-to-peer vacation rental network, further reinforcing Dtravel's position as a leader in the space.
“Dtravel is revolutionizing the vacation rental industry in the same way Shopify transformed ecommerce—by empowering smaller operators to bypass middlemen and connect directly with their customers. This shift returns revenue, control and flexibility to operators.
With 9,000 hosts across 110 countries generating $1M in annualized GMV, Dtravel is in hypergrowth mode, achieving 4.5x year-over-year booking growth and 3.5x growth in listings.
At its core, Dtravel is building a decentralized, permissionless data marketplace that any business can access—unlocking innovation and transparency across an industry known for walled gardens and unstandardized data” - Vincent Jow, Managing Partner at Modular Capital.
"This backing from Modular Capital is a strong validation of our mission to create a more transparent, efficient, and community-driven travel ecosystem. We look forward to leveraging their strategic support and experience with accelerating DePIN projects to supercharge Dtravel’s growth." - Cynthia Huang, CEO at Dtravel.
Looking Ahead
With the strategic backing from Modular Capital, Dtravel is poised for significant growth in 2025. Dtravel is set to expand its global marketplace of blockchain-powered vacation rentals and enhance platform features, making decentralized travel more accessible. By supporting both the network's user base and TRVL token holders, the partnership aims to create a more robust and empowered ecosystem.
About Modular Capital
Modular Capital is a crypto investment firm founded in 2022. The firm invests across early stage VC and liquid venture tokens, with a fundamental and thesis-driven approach. Modular serves as collaborative partners to portfolio companies, through research pieces, facilitating strategic introductions, advising on go-to-market, strategy, tokenomic design, bootstrapping liquidity, and more.
About Dtravel
Dtravel eliminates centralized control and excessive fees by operating as a Decentralized Physical Infrastructure Network (DePIN). Its token model drives growth and rewards participants who engage in peer-to-peer short-term rental bookings. The Dtravel ecosystem is powered by the Nite Protocol, an open-source, on-chain data standard that tokenizes bookings into Real World Assets (RWAs) on the Base blockchain, creating a public database for anyone to access and build upon.