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Midpoint Holdings ( (TSE:MATE) ) has shared an announcement.
Blockmate Ventures Inc. clarified that the recent buy-back of 13.5 million $HVLO tokens was executed by the HVLO Association, not Hivello Holdings. This initiative, part of the Hivello Buy & Burn program, aims to reduce token supply and enhance the ecosystem’s value, with the tokens permanently removed from circulation. The clarification does not alter the outcome of the buy-back, maintaining the Association’s commitment to driving long-term value for the Hivello community.
More about Midpoint Holdings
Blockmate Ventures Inc. is a Blockchain and Web3 venture builder that invests in and operates scalable blockchain, mining, and digital infrastructure companies. Their portfolio includes decentralized computing projects like Hivello and Blockmate Mining, offering investors diversified exposure to emerging sectors within Web3.
Average Trading Volume: 379,132
Technical Sentiment Signal: Sell
Current Market Cap: C$15.2M
Find detailed analytics on MATE stock on TipRanks’ Stock Analysis page.