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Blockmate clarifies $HVLO token buy-back

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) clarified that the recent buy-back of 13.5 million $HVLO tokens was carried out by the HVLO Association—not Hivello Holdings, as previously stated.

The HVLO Association manages the $HVLO token economy and oversees value-driven initiatives.

The clarification does not affect the outcome of the buy-back, and the tokens have been permanently removed from circulation to reduce supply and enhance ecosystem value.