Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) chairman Domenic Carosa talked with Proactive about Hivello's new strategic partnership with Zulu, a Bitcoin Layer 2 solutions provider. Carosa explained that this collaboration will grant Hivello access to Zulu’s 750,000 users, expanding Hivello’s reach in the growing decentralized physical infrastructure networks (DePIN) market. He emphasized the importance of this relationship in building a broader customer base and highlighted the symbiotic nature of the partnership, with both companies benefiting from shared revenue opportunities and technology integration.
Carosa also discussed Hivello's ongoing projects, including an upcoming $5 million capital raise, the launch of a Windows beta version, and the release of Mac and Linux versions by the end of the quarter. Additionally, he confirmed that the token launch, scheduled for August 30th, will be managed by HVLO, a Swiss association, ensuring regulatory compliance.
"We can allow more people out there to generate passive income while we as Hivello take a slice of the ticket of all the transactions going through this growing market called DePIN," Carosa noted, underscoring Hivello's mission to democratize access to passive income through innovative technology.