Episode Details

Blockmate Ventures Chairman Domenic Carosa joined Steve Darling from Proactive to provide an update on the company’s growing artificial intelligence infrastructure opportunity in Wyoming, USA, while also clarifying the presentation of certain liabilities connected to its investment in Hivello. Carosa explained that Blockmate continues to engage in discussions with multiple interested parties regarding the potential development of its Wyoming property into a large-scale AI-focused data center operation. The company sees increasing demand for AI computing infrastructure as a major long-term growth opportunity and believes the Wyoming location offers attractive strategic advantages for potential hyperscale and data center development. To further advance discussions with industry participants and potential financing groups, several senior Blockmate executives are scheduled to attend the Datacloud Global Congress 2026 in France next week. The conference is widely recognized as one of the leading international gatherings for the data center, cloud computing, and hyperscaler industries. According to Carosa, the company intends to use the event to continue conversations with prospective investors, strategic partners, and infrastructure participants interested in the rapidly expanding AI data center sector. In parallel with these efforts, Blockmate is also working to enhance the long-term development potential of the Wyoming property itself. Carosa said the company is currently in discussions with a technical surveying firm that would assist in coordinating with the local municipality to potentially increase the amount of usable acreage available for future development. The company believes that expanding the site’s usable footprint could significantly improve both the economic potential and strategic attractiveness of the property to possible development partners and counterparties. As demand for AI computing power and high-capacity data infrastructure continues to rise globally, larger and better-positioned development sites are becoming increasingly valuable within the sector. In addition to discussing the Wyoming initiative, Carosa also addressed questions surrounding Blockmate’s consolidated financial reporting and balance sheet presentation, particularly regarding liabilities associated with Hivello, one of the company’s portfolio investments. The company clarified that approximately $6.8 million in liabilities currently reflected on Blockmate’s consolidated balance sheet relates specifically to SAFE notes issued at the Hivello level. SAFE notes, or Simple Agreements for Future Equity, are financing instruments that are typically expected to convert into equity ownership at a future date under predetermined terms. As a result, Blockmate’s consolidated balance sheet may appear more leveraged than the standalone financial position of the parent company alone. Management said the clarification is intended to help investors better understand the distinction between the liabilities held at the Hivello subsidiary level and Blockmate’s direct corporate obligations. Proactiveinvestors #BlockmateVentures #AIInfrastructure #DataCenters #ArtificialIntelligence #Wyoming #TechInvesting #CloudComputing #Hivello #Infrastructure #AIDataCenter