Hivello and Zulu Network Announce Strategic Partnership to Drive Innovation in Decentralized Infrastructure and Bitcoin Ecosystem

Date – 09-Aug-2024

Hivello, a leading DePIN aggregator, and Zulu Network, a pioneer in Bitcoin Layer 2 solutions, are excited to announce a strategic partnership aimed at accelerating growth and technological innovation. This collaboration merges Hivello’s expertise in decentralized physical infrastructure with Zulu’s advanced blockchain technology, positioning both companies to significantly enhance their impact within the Web3 ecosystem.

Both Hivello and Zulu share a common vision for decentralization, with Hivello’s focus on decentralized physical infrastructure (DePIN) perfectly complementing Zulu’s blockchain innovations, particularly in EVM compatibility and Bitcoin security.

Through this partnership, Zulu Network plans to explore the DePIN space by leveraging Hivello’s platform and technology stack for future integrations. This will enable Zulu to scale its offerings, attract more DePIN projects and users, and strengthen its presence in the DePIN market.

For Hivello, partnering with Zulu provides access to Zulu Network’s global structure and international audience, significantly expanding Hivello’s reach. Additionally, this collaboration will deepen Hivello’s involvement in the Bitcoin ecosystem, with potential integrations of Bitcoin and DePIN technologies on the horizon.

This strategic alliance is poised to deliver substantial benefits to the broader crypto and Bitcoin ecosystems. By combining Zulu’s expertise in Bitcoin Layer 2 technology with Hivello’s advanced DePIN capabilities, the partnership aims to promote greater transparency, accessibility, and interoperability in the blockchain space. Furthermore, this collaboration is expected to drive the adoption of decentralized applications (dApps) and DePIN technologies, contributing to the growth and maturity of the Web3 ecosystem.

“Partnering with Hivello enables us to expand our platform’s capabilities into the growing DePIN sector, offering our users more opportunities to engage with decentralized infrastructure projects,” said Eric Lifson, Co-Founder of Zulu.

Domeninc Carosa, Chairman & Co-founder of Hivello, added, “Collaborating with Zulu opens up new possibilities for Hivello users, giving them access to the Bitcoin ecosystem and broadening our reach within the blockchain space.”

Posted in

Fintech hub Today

Leave a Comment





TFSF Ventures Unveils Cutting-Edge Software Solutions to Empower Fintech Companies

Papaya Ltd. Names Renowned Czech Financial and Management Expert as CEO

Corcentric has named Manoj Narayan as Senior Vice President of Order-to-Cash, Payments, and Data Product Management.

VeriFast is growing its leadership team.

CCUA and Ascent have teamed up to introduce a next-generation experience platform.

Jeri Larsen joins the LoanPro executive team as the Chief Customer Officer, bolstering its leadership.

TerraPay Forms Council with Leading Digital Wallets to Boost Cross-Border Payments Interoperability

TradePMR Welcomes Four Industry Veterans to Lead the Evolution of Its Fusion Platform

PayPal Expands Strategic Partnership with Adyen to Launch Fastlane in the U.S.

Simpro and D-Tools Form Strategic Global Partnership to Strengthen Trade Service Tools and Operations

Boom DeFi Ecosystem Raises $500M in Growth Capital and Launches Equity Purchase Opportunity for Crypto Investors

Adyen extends its payment processing capabilities to India and unveils a new technology hub.

Ironbeam Introduces Advanced WebSocket Streaming Feature in REST API to Enhance Futures Trading

Tesorio Launches AR Invoicing Automation for QuickBooks Online

Digital payments platform Flexa unveils new Components feature.

Zywave’s 2024 Employer Survey Shows Optimistic Outlook

Chaos Labs Secures $55M in Series A Funding Led by Haun Ventures to Enhance Onchain Economic Security

SoftLedger Unveils Upgraded Reporting Module

FIS Utilizes Scale and NYCE Debit Network to Offer Seamless Peer-to-Peer Payment Capabilities in Digital Banking Platforms

Xero Announces Partnership with Audit and Accounting Platform Caseware

Zip Forms Strategic Partnership with Stripe in the U.S. to Drive Market Growth

SigFig Enhances Engage Platform with Advanced AI Capabilities

Neobank Keabank has been valued at €10.5 million following a recent investment.

PayTech Sling Money has successfully secured $15 million in Series A funding.

“Peanuds Partners with Weavr to Boost Financial Scalability for Startups”

Flexys and Moneyhub have entered into a strategic partnership to revolutionize the collections process using Open Banking technology.

Klarna Unveils New Balance and Cashback Tools, Expanding Its Offerings Beyond Payments

Hivello and HyperGPT Forge Partnership to Propel Innovation in DePIN and AI Marketplace

Finzly Announces Strategic Partnership with Corpay Cross-Border to Enhance FX Solutions for Financial Institutions

OMNIQ Corp Partners with Ingenico to Strengthen Fintech Solutions