Hivello Secures Strategic Funding Led by Animoca Manufacturers Forward of Token Itemizing

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Highlights:

• Animoca Manufacturers leads funding into Hivello alongside Taisu Ventures, NGC, Blockchange and Contango.
• Hivello will record its token (HVLO) on Gate.io and MEXC exchanges.
• Animoca & Hivello are internet hosting a dwell X Areas eleventh February

LONDON and AMSTERDAM, Feb. 09, 2025 (GLOBE NEWSWIRE) — Hivello, a DePIN aggregator that permits customers to earn by monetising idle laptop assets throughout a number of decentralised networks, has introduced that Animoca Manufacturers, the corporate driving digital property rights to assist construct the open metaverse, is main its present funding spherical.

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Hivello will use the funds to additional innovate and obtain its targets of simplifying DePIN nodes and making them extra user-friendly. Hivello is a DePIN aggregator centered on making DePINs extra accessible. By permitting customers to contribute their computing assets, Hivello permits them to earn by numerous Web3 protocols. Its mission is to get rid of the complexities typically related to decentralized networks, empowering customers to have interaction in Web3 initiatives without having specialised technical data.

As well as, Hivello’s Token Technology Occasion (TGE) is going down on Gate.io and MEXC, marking a big milestone within the firm’s progress and ecosystem improvement. The $HVLO token will play a vital function in powering Hivello’s decentralized financial system, facilitating staking, rewards, and broader participation in DePIN networks.

As a part of this journey, Hivello and Animoca Manufacturers will likely be internet hosting a dwell dialogue to dive deeper into the corporate’s progress, funding panorama, and future roadmap.

Occasion particulars:

• Date & Time: February 11 at 5 PM HKT | 9 AM UTC | 4 AM EST | 10 AM CET
• The place to Watch: Streaming dwell on LinkedIn and X
• Observe Hivello on X to seek out out extra particulars

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Animoca Manufacturers is a worldwide chief in gamification and blockchain with a big portfolio of over 540 investments in Web3. Its mission is to advance digital property rights and decentralized initiatives to assist construct the open metaverse. The funding introduced right now connects Hivello with Animoca Manufacturers’ in depth expertise and innovation, furthering Hivello’s mission to simplify entry to DePIN and allow customers to earn rewards by contributing their laptop assets.

Hivello is devoted to creating DePIN nodes accessible and user-friendly for everybody, breaking down advanced limitations typically related to decentralized networks. Animoca Manufacturers’ mission to ship digital property rights to avid gamers and web customers worldwide aligns with Hivello’s aim of empowering customers by enabling them to contribute to DePIN networks. Each corporations concentrate on offering customers with true possession and management over their digital belongings.

Yat Siu, the co-founder and govt chairman of Animoca Manufacturers, stated: “Animoca Manufacturers is devoted to constructing a extra equitable digital framework that permits all customers to profit from the numerous benefits conferred by digital property rights. We’re thrilled to assist Hivello’s efforts to make DePIN nodes extra accessible and user-friendly, serving to to advance and simplify true digital possession, community results, and the open metaverse.’’

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Domenic Carosa, co-founder and chairman of Hivello, stated: ‘’We welcome Animoca Manufacturers as a strategic companion and lead investor in our newest funding spherical. Its experience and innovation within the digital and blockchain house will likely be instrumental as we proceed to simplify entry to decentralized bodily infrastructure networks.”

About Hivello

Hivello is a DePIN aggregator that permits customers to earn by monetising idle laptop assets throughout a number of decentralised networks

The $HVLO token will likely be issued by the Swiss-based HVLO Affiliation underneath license from Hivello Holdings.

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About Animoca

Animoca Manufacturers, a Deloitte Tech Quick winner and ranked within the Monetary Instances record of Excessive Progress Firms Asia-Pacific 2021, is a pacesetter in digital leisure, blockchain and gamification. It develops and publishes a broad portfolio of merchandise, together with the REVV token and SAND token; unique video games comparable to The Sandbox, Loopy Kings, and Loopy Protection Heroes; and merchandise utilizing well-liked mental properties together with Disney, WWE, Snoop Dogg, The Strolling Lifeless, Energy Rangers, MotoGP and Method E. The corporate has a number of subsidiaries, together with The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, Lympo, and Grease Monkey Video games.

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Contact data:

Karla Janse van Rensburg

Advertising and marketing coordinator @ Hivello

karla@hivello.com

A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/c8323aa9-ef5b-48da-a19b-4427f4783c9b

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