Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced that it will add a new digital asset to its listings by providing trading support for Venice Token (VVV). According to the exchange’s statement, VVV will be available for trading on KRW, BTC, and USDT pairs starting May 12, 2026, at 4:00 PM.
VVV token deposits and withdrawals will begin approximately 1 hour and 30 minutes after the announcement is published. Transactions will only be processed through the Base network. Upbit warned users against transferring through the wrong network and emphasized that only transfers made through the officially specified Base network will be supported.
The exchange will implement its standard hedging measures for this asset, similar to those applied to new listings. Accordingly, buy orders will be restricted for the first 5 minutes after trading opens. During the same period, sell orders below 10% of the previous closing price will not be allowed. Additionally, only limit orders will be active for approximately two hours.
Developed by Venice AI, the project offers a privacy-focused generative AI infrastructure. The platform provides AI services such as text, image, and code generation to its users via API. The VVV token used in the project operates on a “stake-to-use” model. Users gain access to AI processing resources by staking tokens.
The platform uses blockchain not for direct computation, but to manage access permissions and usage limits. Combining open-source artificial intelligence models, the system stands out with its approach that prioritizes data privacy.
Analysts believe Upbit’s listing reflects growing investor interest in AI and blockchain integration.
*This is not investment advice.