Nuvve to buy $3M in HYPE tokens for blockchain growth strategy

Nuvve Holding Corp. (Nasdaq: NVVE), an electric vehicle charging and energy storage company, has approved the purchase of up to $3 million in HYPE tokens as part of its blockchain-driven growth initiative, according to Business Wire. DeFi Technologies will manage Nuvve’s HYPE treasury strategy. The investment aligns with Nuvve’s push to integrate blockchain into energy and infrastructure applications.