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Upbit began trading Venice Token (VVV) on May 12, offering KRW, BTC, and USDT trading pairs. The exchange said trading would start at 16:00 local time, while deposits and withdrawals would support only the Base network.
At press time, VVV was trading near $17.15 and was down 2.9% over the prior 24 hours, despite a reported 84.1% gain over seven days. Market data cited in the article placed VVV’s market capitalization near $795 million and its 24-hour trading volume at about $131.8 million.
Upbit stated that VVV deposits and withdrawals will only support the Base network. Korean reports included a reminder for users to confirm the VVV-Base network before sending funds, noting that deposits made to unsupported networks may not process normally.
Initial trading activity on Upbit’s KRW market showed a short-term rise. CBC News reported VVV traded at 26,840 won on Upbit at 16:05 local time, up 16.7% at that moment. However, broader market data described in the article suggested the token had not sustained a clear daily breakout.
VVV is described as the native token of Venice AI, a privacy-focused artificial intelligence platform. The project says VVV runs on Coinbase’s Base blockchain and is intended to provide access to staking, Venice Pro, and DIEM minting.
Venice also characterizes VVV as “the privacy coin for AI.” The article further states that platform revenues are intended to support monthly VVV buybacks and burns, beginning in November 2025.
The VVV listing arrives amid a busy period for Upbit additions. The article noted that Upbit listed Pharos with KRW, BTC, and USDT pairs on May 8, and that PROS rose 47.8% after new Korean market access. It also cited recent additions including B3 to the Korean won market and the listing of Dogwihat with KRW, BTC, and USDT pairs.
The article said these types of listings can lift trading activity, though price moves may fade quickly after the initial reaction.
This article does not represent investment advice. The content and materials featured are for educational purposes only.
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