Blockmate Ventures Portfolio Update on AI, Bitcoin and Website Relaunch

About this update from Blockmate Ventures Inc

Blockmate Ventures Portfolio Update on AI, Bitcoin and Website RelaunchToronto, Ontario--(Newsfile Corp. - May 5, 2026) - Blockmate Ventures Inc. (TSXV: MATE) (OTCQB: MATEF) (FSE: 8MH) ("Blockmate" or the "Company"), a venture builder focused on AI, Bitcoin, and digital infrastructure, is pleased to provide an update across several of its key initiatives, including progress relating to its Wyoming AI infrastructure opportunity and Hivello's planned Bitcoin mining launch.With a number of initiatives advancing in parallel, Blockmate is now re-engaging with the market to provide greater visibility into its strategic direction and near-term priorities.AI infrastructure discussions continue around Wyoming opportunityBlockmate continues to be in discussions relating to the potential AI and digital infrastructure opportunity connected to its Wyoming site, which has previously been outlined as having up to 200MW of potential capacity.The Company is engaging with multiple parties, including potential partners, hyperscalers, infrastructure groups and intermediaries. While these discussions are yet to progress to a binding arrangement, the Company believes demand for power and infrastructure assets remains strong, particularly as large-scale AI and compute requirements continue to expand.Given the scale of these opportunities and the calibre of participants involved, the Company expects discussions to take time and will update the market as material developments occur.Hivello progressing toward Bitcoin mining RWA launchBlockmate also provides an update on investee business Hivello, in which it is a significant shareholder.Hivello is advancing a pivot from DePIN node aggregation toward Bitcoin-linked infrastructure products that are focused on return on investment (ROI) metrics. The first planned offering in this next phase is a Bitcoin mining RWA (Real World Asset) product designed to provide customers with fractional exposure to ASIC Bitcoin mining, without requiring users to own expensive ASIC hardware, arrange hosting, or manage mining operations directly.The product remains in build and is currently targeted for launch in late Q2 2026, subject to final product integration and operational readiness. Payouts are intended to be made initially in Bitcoin to non-custodial wallets. The HVLO token is expected to remain central to the Hivello ecosystem, with refreshed u...

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