Blockmate Investee Hivello Lists Native Token on Major Exchange BingX

Executive Summary

• Blockmate Ventures’ investee, Hivello Holdings, has listed its native $HVLO token on the global cryptocurrency exchange Bing X, giving exposure to over 20 million users in more than 100 countries.
• The listing is intended to increase liquidity for $HVLO, broaden token utility, and support Hivello’s long‑term growth strategy in decentralized physical infrastructure networks (DePINs).
• Both Blockmate’s CEO Justin Rosenberg and Hivello Chairman Domeic Carosa highlighted the milestone as a catalyst for expanding user onboarding and enhancing value for token holders.

Key Details

• Listing Platform: BingX exchange (global crypto platform with >20 million users across 100+ countries).
• Token: $HVLO, native utility token of Hivello Holdings.
• Strategic Benefits:
• Greater liquidity and trading opportunities for $HVLO.
• Expanded access to key regions – Southeast Asia, Europe, Latin America.
• Enhanced token utility for users earning $HVLO by providing idle computing resources to DePINs.
• Quotes:
• Justin Rosenberg (CEO, Blockmate Ventures): “Hivello listing the HVLO token on BingX is a milestone moment which will provide liquidity and trading opportunities in new communities…”.
• Domeic Carosa (Chairman & Co‑founder, Hivello): “Listing on BingX expands our reach significantly, giving millions of users easier access to HVLO.”
• Relationship Note: BingX Ventures is an investor in Hivello, reinforcing the strategic alignment between the exchange and Hivello’s mission.

Notable Quotes

“Listing on BingX expands our reach significantly, giving millions of users easier access to HVLO,” – Domeic Carosa, Chairman & Co‑founder, Hivello.

Materiality Assessment: Material – Positive (the token listing is expected to positively impact liquidity and market perception of both Hivello and Blockmate Ventures).