Blockmate Ventures subsidiary Hivello receives investment from Tony G
Published: 08:50 14 Feb 2025 EST
Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) announced today that its majority-owned subsidiary, Hivello Holdings Ltd., has received a strategic investment from Antanas "Tony G" Guoga, a prominent blockchain investor and entrepreneur.
This investment follows Tony G's initial investment in Blockmate in December 2024.
Hivello operates as a DePIN aggregator, enabling users to monetize idle computer resources across multiple decentralized networks. The company aims to simplify participation in decentralized physical infrastructure networks (DePIN) by providing a platform that allows users to earn rewards.
Tony G, known for his extensive involvement in blockchain and decentralized technologies, serves as the executive chairman of Sol Strategies Inc., a Canadian-based investment firm specializing in blockchain, AI, and decentralized technologies. His strategic investments have contributed to the growth of multiple blockchain projects, with Sol Strategies recently surpassing a $500 million market capitalization.
"Hivello is tackling one of the biggest challenges in DePIN—bridging complex infrastructure with everyday users,” Tony G said in a statement.
“Their platform makes it incredibly easy for anyone to participate in and benefit from the decentralized economy. I see huge potential in their approach and am excited to support their journey."
Domenic Carosa, Co-Founder of Hivello, told shareholders that Tony G's investment “is a strong validation of Hivello's vision to simplify and scale decentralized physical infrastructure networks."
“His deep expertise in blockchain and infrastructure scaling, combined with his ability to back high-growth projects, will help accelerate our mission to make DePIN accessible to millions of users worldwide," Carosa said.
In addition to securing this strategic investment, Hivello has announced that its token, $HVLO, is now listed on Gate.io, MEXC, and Raydium, providing both centralized and decentralized exchange options for users to trade and participate in the DePIN economy.
