tiprankstipranks
Trending News
More News >

Hivello Expands DePIN Network with Swarm Integration

Story Highlights
Hivello Expands DePIN Network with Swarm Integration

Confident Investing Starts Here:

The latest update is out from Midpoint Holdings ( (TSE:MATE) ).

Hivello Holdings, an investee of Blockmate Ventures, has integrated the Swarm network into its platform, marking the 10th Decentralized Physical Infrastructure Network (DePIN) to join. This integration enhances reward opportunities for Hivello users by allowing them to monetize idle computer resources across multiple DePINs, thus simplifying participation in decentralized infrastructure for non-technical users. The move is part of Hivello’s broader strategy to aggregate the DePIN ecosystem, making it easier for Web2 users to transition to Web3, and reflects a growing trend of democratizing access to decentralized computing and storage solutions.

More about Midpoint Holdings

Blockmate Ventures Inc is a venture creator focused on building fast-growing technology businesses in sectors such as blockchain, AI, and renewable energy. The company collaborates with prospective founders to accelerate the incubation of projects toward monetization by providing tech, services, integrations, and advice. Notable projects include Hivello, which allows users to earn passive income by monetizing idle computer resources, and Sunified, which digitizes solar energy.

YTD Price Performance: -65.00%

Average Trading Volume: 1,118,206

Technical Sentiment Signal: Buy

Current Market Cap: C$15.05M

For detailed information about MATE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1