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.”