Core Insights - The SEC's recent no-action decision for the decentralized crypto project DoubleZero indicates a shift towards more engagement with digital asset projects, providing a positive signal for the industry [1][3] - This decision sets a precedent that certain tokens can operate outside of securities law, encouraging growth and integration of digital assets into mainstream finance [2][3] - The SEC's new approach is seen as a break from previous regulatory practices that were characterized by delays and enforcement actions [3] Regulatory Perspective - Commissioner Hester Peirce stated that tokens used for rewarding participants providing services like storage or bandwidth do not meet the definition of securities [4] - The SEC's focus on DePIN projects highlights that tokens distributed as compensation for real-world services are not considered investment contracts [4][5] - Peirce emphasized that these tokens are functional incentives aimed at encouraging infrastructure development rather than traditional securities [5] Market Impact - The clarity provided by the SEC is expected to accelerate growth in the DePIN sector, which could expand from $30-50 billion today to $3.5 trillion by 2028 [6]

Core Insights - The SEC has issued a No-Action Letter to DoubleZero, confirming that the programmatic transfers of its 2Z token will not be classified as securities transactions, marking a significant regulatory development for blockchain-based Decentralized Physical Infrastructure Networks (DePIN) [1][4] - The SEC's decision is based on specific disclosures from DoubleZero, indicating that different circumstances could lead to different regulatory outcomes [4] - The ruling allows contributors and users to engage with the DoubleZero network without concerns about securities violations [4] Regulatory Framework - The SEC stated it will not recommend enforcement action if DoubleZero conducts 2Z transfers as outlined by the company's counsel, and the token does not need to be registered as a class of equity securities under Section 12(g) of the Exchange Act [2] - SEC Chairman emphasized that the agency is not attempting to regulate all digital assets but is focusing on tokens that clearly fall under securities laws [3] Token Characteristics - The design of the 2Z token, which is used for value transfer, incentives, and network security rather than equity-like ownership, was crucial to the SEC's position [5] - Commissioner Hester Peirce noted that DePIN projects differ from traditional fundraising, as tokens are distributed as compensation for services rather than as investments seeking profit [6] Economic Reality - Peirce argued that the economic reality of DePIN projects does not meet the criteria of the Howey Test, which defines securities under U.S. law, and treating these tokens as securities could hinder the growth of networks relying on distributed providers [6] - She also stated that blockchain technology should not be forced into regulatory frameworks designed for financial markets, advocating for market-driven success of infrastructure-based projects [7]

TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings, has been featured in a Forbes article titled “DePIN Passive Income: 5 Ideas That Really Work”, underscoring the growing mainstream interest in Decentralized Physical Infrastructure Networks (DePIN) and Hivello’s role in the rapidly expanding sector. The article highlights Hivello as one of the most accessible and ...

Core Insights - Blockmate Ventures Inc. announces that its investee, Hivello Holdings, has partnered with Banxa to enable users in 130 countries to purchase $HVLO using various fiat payment methods [1][8][12] - Hivello aims to simplify participation in Decentralized Physical Infrastructure Networks (DePIN) for users with no prior crypto experience, allowing them to earn passive income [2][9] - Hivello will conduct an airdrop of 50 million $HVLO tokens in August 2025 to reward loyal users and onboard new participants [3][17] - Hivello has committed a variable percentage of its quarterly revenue to buy back and burn $HVLO tokens, reducing the circulating supply and supporting the token's market value [4][14][15] Company Developments - The integration with Banxa will allow users to buy $HVLO directly without going through centralized exchanges, enhancing accessibility [8][9] - Hivello's airdrop program is designed to reward users who demonstrate meaningful contributions, focusing on sustained engagement and resource provision [19][21] - The "Buy Back & Burn" initiative reflects Hivello's commitment to aligning business growth with the health of its token economy, making $HVLO deflationary [15][16] Market Context - The DePIN sector has surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028, indicating significant growth potential [10] - Hivello is positioned to onboard millions of Web2 users into Web3, leveraging its partnership with Banxa to facilitate easier access to digital assets [9][12]