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Blockmate’s Hivello Partners with Neova to Boost Decentralized Storage

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Blockmate’s Hivello Partners with Neova to Boost Decentralized Storage

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An update from Midpoint Holdings ( (TSE:MATE) ) is now available.

Blockmate’s subsidiary, Hivello, has entered a strategic partnership with Neova to expand its decentralized storage capabilities. This collaboration aims to advance decentralized infrastructure and increase the adoption of Web3 technologies by integrating Neova’s storage protocol into Hivello’s platform and potentially distributing nodes for Neova’s network. The partnership is expected to enhance user accessibility and promote growth in the DePIN ecosystem, aligning with both companies’ goals of bridging innovative protocols with everyday users.

More about Midpoint Holdings

Blockmate Ventures Inc operates within the technology sector, focusing on decentralized infrastructure through its subsidiary Hivello Holdings Ltd. Hivello, an all-in-one decentralized infrastructure manager, simplifies node management across multiple protocols, enabling non-technical users to contribute to decentralized physical infrastructure networks (DePIN).

YTD Price Performance: -23.33%

Average Trading Volume: 2,665,316

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$31.91M

Learn more about MATE stock on TipRanks’ Stock Analysis page.

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