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Blockmate Ventures and Hivello Chairman Domenic Carosa joined Steve Darling from Proactive to announce a significant milestone for its subsidiary, Hivello Holdings. Leading the company’s latest funding round is Animoca Brands, a global leader in gamification and blockchain technology dedicated to advancing digital property rights and supporting the development of an open metaverse. Animoca Brands is joined by other key investors, including Taisu Ventures, NGC, Blockchange, and Contango.
With a portfolio of over 540 investments in Web3, Animoca Brands plays a pivotal role in shaping the future of decentralized applications, gaming, and digital asset ownership. The company’s involvement in Hivello’s funding round strengthens Hivello’s position in the rapidly growing DePIN space. This investment provides Hivello with valuable resources and strategic support to drive innovation and further its mission of simplifying DePIN access for mainstream users.
Hivello is focused on eliminating the technical complexities associated with DePIN participation, making it easier for users to contribute their computing resources and earn rewards through various Web3 protocols. The newly secured funds will enable Hivello to enhance its platform, develop user-friendly solutions, and expand its reach within the DePIN ecosystem.
Additionally, Carosa confirmed that Hivello’s token, HVLO, remains on track for its highly anticipated listing on two leading cryptocurrency exchanges, Gate.io and MEXC. The token is scheduled to go live for trading on February 11, 2025.
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