03:42 PM EDT, 08/12/2025 (MT Newswires) -- Blockmate Ventures ( MATEF ) announced on Tuesday that its investee, Hivello Holdings, has integrated the DePIN Theta Network into its platform "to increase passive income earning opportunities for Hivello users".

The newly added network becomes the 11th decentralized physical infrastructure network (DePIN) to integrate with the Hivello platform, which users can connect to the Theta Network and "start earning passive income in exchange for their idle computing resources."

The statement noted that Theta Network provides video streaming efficiency technology and shrinks costs for content delivery. By utilizing a decentralized network, users on it who share excess bandwidth and computing resources earn tokens. The statement also highlighted existing partners, including Samsung, Sony, and Lionsgate.

Justin Rosenberg, CEO, said, "Integrating Theta Network strengthens the Hivello platform and boosts the value of user participation. Off the back of Hivello's first buy-back and burn last month, this partnership is a great signal towards expanding the Hivello user base and enhancing the sustainability of the ecosystem as networks like Theta seek more computing power to process video streaming and AI content."

Despite the announcement, shares of Blockmate Ventures ( MATEF ) are trading 4.7% lower on Tuesday.