11:08 AM EDT, 03/25/2025 (MT Newswires) -- Blockmate Ventures ( MATEF ) on Tuesday said its investee, Hivello Holdings has activated 32,000 Solana Wallets with HVLO's first Airdrop.

The 32,000 new users can now utilize Hivello's platform to earn passive income by integrating their idle computing resources to the Hivello ecosystem, a decentralized physical infrastructure network (DePIN). Hivello will also gain valuable data insights into the most engaged networks and reward preferences.

As part of a four-year plan, Hivello has allocated 2.5 billion HVLO tokens to drive participation, strengthen community engagement, and accelerate the adoption of DePIN mining with Hivello., the statement added.

Blockmate ( MATEF ) was last seen down $0.01 to $0.11 on the TSX Venture Exchange.

Price: 0.11, Change: -0.01, Percent Change: -8.33