Clarification on Hivello Buy-Back Announcement

Core Insights - Blockmate Ventures Inc. clarifies that the buy-back of 13.5 million $HVLO tokens was executed by the HVLO Association, not Hivello Holdings [1][2] - The buy-back aligns with the Association's commitment to reducing token supply and optimizing ecosystem value, with the tokens permanently removed from circulation [2] Company Overview - Blockmate Ventures Inc. is a Blockchain & Web3 venture builder that invests in and operates scalable blockchain, mining, and digital infrastructure companies [3] - The company's portfolio includes decentralized computing with Hivello and Blockmate Mining, providing diversified exposure to emerging sectors within Web3 [3] Hivello Overview - Hivello serves as an aggregator of DePIN projects, enabling users to participate in various DePIN networks easily [4] - The platform aims to simplify the process for users to earn passive income by utilizing their idle computers, requiring no technical knowledge [4]