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The latest update is out from Midpoint Holdings ( (TSE:MATE) ).
Blockmate Ventures Inc.’s investee, Hivello Holdings, has been recognized in a Forbes article as a leading innovator in the rapidly growing Decentralized Physical Infrastructure Networks (DePIN) sector. The recognition highlights Hivello’s role in making DePIN accessible and practical for individuals and businesses to earn passive income. This acknowledgment comes amid significant growth in the DePIN market, which has seen a 1,400% increase in market capitalization over the past year, underscoring Blockmate’s strategic positioning at the forefront of this transformative industry.
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. The company’s portfolio offers diversified exposure to emerging sectors within Web3, including decentralized computing through its investee Hivello, which simplifies participation in Decentralized Physical Infrastructure Networks (DePIN) by allowing users to earn passive income from idle computing resources.
Average Trading Volume: 232,849
Technical Sentiment Signal: Sell
Current Market Cap: C$14.48M
See more data about MATE stock on TipRanks’ Stock Analysis page.