South Korean exchange Upbit has confirmed the listing of Venice Token (VVV), a token from the privacy-focused generative AI project Venice AI. Trading will begin on May 12, 2026, at 4:00 PM local time, with support for three pairs: KRW, BTC, and USDT. Deposits and withdrawals start roughly 1.5 hours after the announcement and operate exclusively on the Base network.
Three trading pairs widen access. The KRW pair gives South Korean users a direct fiat on-ramp without needing to acquire another cryptocurrency first, a market known for high retail volume. The BTC and USDT pairs cater to crypto-native traders who prefer to rotate between digital assets. Launching with all three pairs signals deeper initial integration than a single-pair listing.
As part of standard hedging measures, Upbit restricts buy orders for the first 5 minutes and blocks sell orders below 10% of the previous closing price during that window. Only limit orders will be available for approximately two hours after trading starts.
Venice AI’s stake-to-use model. The project provides AI services — text, image, and code generation — via API, operating on a stake-to-use model where token holders gain access to AI processing resources. Rather than running compute on-chain, the platform uses blockchain to manage permissions and usage limits, combining open-source AI models with a privacy-first approach.
Analysts view the listing as a reflection of growing investor interest in AI and blockchain convergence. The listing arrives amid heightened crypto market activity and an evolving South Korean regulatory landscape for digital assets.
