Hivello Holdings
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Blockmate Investee Hivello Lists Native Token on Major Exchange BingX
Newsfile· 2025-10-02 12:05
Core Insights - Hivello Holdings has successfully listed its native token $HVLO on the major cryptocurrency exchange BingX, enhancing its market presence and liquidity [1][5][7] Group 1: Token Listing and Market Impact - The listing on BingX provides Hivello access to over 20 million users across more than 100 countries, significantly increasing the token's exposure [2][6] - This move is expected to enhance the utility of $HVLO for users who can earn tokens by offering idle computing resources through Hivello's platform [2][3] - The listing is a strategic step towards Hivello's long-term goals of increasing liquidity and value for its platform users, partners, and token holders [3][7] Group 2: Strategic Partnerships and Growth - The partnership with BingX is further solidified as BingX Ventures has recently invested in Hivello, aligning both companies' long-term missions [7] - Hivello aims to simplify access to decentralized infrastructure networks, allowing users to earn passive income without requiring technical expertise [10] - The listing is seen as a milestone that not only boosts liquidity but also introduces $HVLO to new communities, fostering ecosystem growth [7][8]
Blockmate Investee Hivello Partners with Spheron, World's Largest Community-Powered Data Center
Newsfile· 2025-09-18 12:05
Core Insights - Blockmate Ventures Inc. announced a partnership between its investee Hivello Holdings and Spheron Network to enhance earning potential for Hivello users and solidify Spheron's position as a leading community-powered data center [1][4]. Company Overview - Blockmate Ventures is a Blockchain & Web3 venture builder focused on investing in scalable blockchain, mining, and digital infrastructure companies, providing diversified exposure to emerging sectors within Web3 [9]. - Hivello is a DePIN aggregator that enables users to monetize idle computing resources across multiple decentralized networks, simplifying participation and earnings for users without technical expertise [11][6]. - Spheron Network is developing the world's first community-powered data center, pooling idle GPU and CPU resources from a global community to offer a cost-effective and censorship-resistant alternative to traditional cloud providers [5][12]. Partnership Details - The collaboration aims to address scalability challenges in the DePIN space by connecting a global supply of users with decentralized networks in a user-friendly manner [4][7]. - Hivello's platform allows users to contribute idle computing power with a single click, facilitating seamless transactions between GPU suppliers and buyers [2][3]. - This partnership is expected to create a win-win scenario, accelerating growth for both Hivello and Spheron while enhancing the decentralized ecosystem [7][8]. Market Context - The demand for data centers is increasing due to the growth of AI applications, presenting significant opportunities for decentralized infrastructure operators like Spheron [3]. - Hivello's approach addresses a critical supply-side issue by providing a steady stream of new users to DePIN networks through an intuitive dashboard [6].
Blockmate investee Hivello recognized in Forbes as leading DePIN innovator
Globenewswire· 2025-08-25 11:00
Core Insights - Blockmate Ventures Inc. announced that its investee, Hivello Holdings, was featured in a Forbes article, highlighting the increasing mainstream interest in Decentralized Physical Infrastructure Networks (DePIN) and Hivello's significant role in this expanding sector [1][3] - Hivello is recognized as a practical way for individuals and businesses to engage in the DePIN economy by converting idle computing resources into passive income [2][6] - The DePIN sector has experienced explosive growth, with a market capitalization of USD $17.9 billion as of May 2025, marking a 1,400% year-over-year increase [3] Company Overview - Blockmate Ventures is a Blockchain & Web3 venture builder that invests in scalable blockchain, mining, and digital infrastructure companies, providing diversified exposure to emerging sectors within Web3 [5] - Hivello serves as an aggregator of DePIN projects, enabling users to participate in various DePIN networks easily, thus eliminating technical barriers and allowing for passive income generation [6]
Blockmate Ventures Inc. Investor Presentation Update
Globenewswire· 2025-07-09 11:54
Core Viewpoint - Blockmate Ventures Inc. is actively engaging with sophisticated investors to raise capital for its subsidiary, Blockmate Mining, following its recent launch, which aims to enhance its operational capacity and financial performance [1][2]. Group 1: Company Structure and Strategy - Blockmate Mining is positioned as a key investment alongside Hivello Holdings, with a focus on raising funds directly into its subsidiary rather than the parent company, Blockmate Ventures Inc. This strategy aims to prevent dilution of MATE shares for existing shareholders [2]. - The capital raised will support a 'Mine-and-Hold' strategy at the Wyoming facility, which has low operating costs of 3.3 cents per kWh, with plans to scale up to 200MW capacity [3]. Group 2: Investor Engagement - An Investor Presentation has been released, which will be shared with potential investors over the coming weeks, detailing the updated structure of Blockmate and its strategic initiatives [1][4]. - The company plans to provide updates on the funding round through the TSX Venture Exchange, ensuring transparency with its investors [3].
Hivello buys back 13.5M HVLO under Buy & Burn initiative
Globenewswire· 2025-07-02 11:38
Core Insights - Blockmate Ventures Inc's investee, Hivello Holdings, has successfully completed its first Buy & Burn initiative, removing 13.5 million $HVLO tokens from circulation, which is aimed at increasing the token's market value and user rewards [1][5][6] Group 1: Buy & Burn Initiative - The Buy & Burn initiative is funded by Hivello, which allocates a percentage of its quarterly revenue to repurchase and burn HVLO tokens, thereby reducing supply and potentially increasing value [2][5] - The inaugural burn event took place on June 30, 2025, marking a significant step in Hivello's strategy to enhance the long-term stability and value of the HVLO token [4][5] - Hivello's commitment to its community and ecosystem health is emphasized through this initial reduction in supply, which is part of a broader strategy to create a deflationary mechanism for the HVLO token [3][6] Group 2: Company Statements and Future Outlook - Justin Rosenberg, CEO of Blockmate Ventures, expressed optimism regarding the long-term stability and value creation through the Buy & Burn program, highlighting potential rewards for early adopters of the Hivello platform [4][6] - Domenic Carosa, Co-Founder & Chairman of Hivello, stated that the buyback and burn program represents an important inflection point for the company, aiming to build a robust foundation that benefits all participants in the ecosystem [6] - The continuous burning of tokens is expected to contribute to increased scarcity, enhancing the long-term value proposition of HVLO [6]