Blockmate investee Hivello recognized in Forbes as leading DePIN innovator

Rhea-AI Summary

Blockmate Ventures (OTCQB: MATEF) announced that its investee company, Hivello Holdings, has been featured in a prominent Forbes article highlighting leading DePIN (Decentralized Physical Infrastructure Networks) innovators. The article recognizes Hivello as one of the most practical platforms for converting idle computing resources into passive income.

The recognition comes as the DePIN sector experiences remarkable growth, reaching a market capitalization of $17.9 billion as of May 2025, marking a 1,400% year-over-year increase. DePIN networks allow individuals and businesses to contribute real-world resources like computing power and wireless connectivity to blockchain networks in exchange for digital token rewards.

TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings, has been featured in a Forbes article titled “DePIN Passive Income: 5 Ideas That Really Work”, underscoring the growing mainstream interest in Decentralized Physical Infrastructure Networks (DePIN) and Hivello’s role in the rapidly expanding sector.

The article highlights Hivello as one of the most accessible and practical ways for individuals and businesses to participate in the DePIN economy by turning idle computing resources into passive income.

Justin Rosenberg, CEO of Blockmate Ventures, commented: “We are thrilled to see Hivello recognised by Forbes as a key player in the DePIN revolution. DePIN is transforming the way infrastructure is deployed and monetised globally. With Hivello’s simple and scalable solution, Blockmate is proud to be positioned at the forefront of this movement.”

The Forbes feature comes amid explosive growth in the DePIN sector, which, according to CoinMarketCap, has reached a market capitalization of USD $17.9 billion as of May 2025, representing a 1,400% year-over-year increase.

What is DePIN?
Decentralized Physical Infrastructure Networks enable individuals and businesses to contribute real-world resources—such as computing power, wireless connectivity, or IoT data—to blockchain-powered networks. In return, participants earn rewards in digital tokens, creating an ecosystem where physical infrastructure ownership and monetisation are democratised.

The full Forbes article, DePIN Passive Income: 5 Ideas That Really Work, can be viewed here: https://www.forbes.com/sites/digital-assets/2025/08/19/depin-passive-income-5-ideas-that-really-work

About Blockmate Ventures Inc.

Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.

About Hivello

Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.

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To learn more, visit www.blockmate.com.

Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.

ON BEHALF OF THE BOARD OF DIRECTORS

Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-580-262-6130)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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FAQ

What is Blockmate's MATEF stock connection to the DePIN sector?

Blockmate Ventures (MATEF) is invested in Hivello Holdings, a leading DePIN platform that enables users to earn passive income by contributing computing resources to decentralized networks.

How much has the DePIN market grown according to Blockmate's announcement?

The DePIN sector reached a market capitalization of $17.9 billion as of May 2025, representing a 1,400% year-over-year increase.

What is DePIN and how does Hivello contribute to it?

DePIN (Decentralized Physical Infrastructure Networks) allows users to contribute real-world resources like computing power to blockchain networks. Hivello provides a platform for users to monetize idle computing resources in exchange for digital tokens.

Why was Blockmate's Hivello featured in Forbes?

Hivello was featured in Forbes as one of the most accessible and practical platforms for individuals and businesses to participate in the DePIN economy by converting idle computing resources into passive income.

What is the significance of Forbes recognition for MATEF stock?

The Forbes recognition validates Hivello's position as a key player in the rapidly growing DePIN sector and highlights Blockmate's strategic investment in the $17.9B DePIN market.