Upbit listing puts privacy AI token VVV in Korea’s spotlight

Upbit listed Venice Token (VVV) on May 12 with Korean won, Bitcoin, and USDT trading pairs. 

The South Korean exchange said trading would begin at 16:00 local time, giving VVV direct access to one of Asia’s busiest retail crypto markets.

The exchange said deposits and withdrawals will only support the Base network. Korean reports also noted that users should check the VVV-Base network before sending funds, as unsupported network deposits may not process normally.

However, Venice Token (VVV) traded near $17.15 at press time after the listing news. The token was down 2.9% over 24 hours, even as its seven-day gain stood at 84.1%. Crypto.news listed VVV’s market cap near $795 million and its 24-hour volume at about $131.8 million.

The reaction looked mixed across venues. CBC News reported that VVV traded at 26,840 won on Upbit’s KRW market at 16:05 local time, up 16.7% at that moment. Wider market data, however, showed the token had not held a clear daily breakout.

Venice AI links privacy and token access

VVV is the native token of Venice AI, a privacy-focused artificial intelligence platform. Venice says VVV runs on Coinbase’s Base blockchain and gives users access to staking, Venice Pro, and DIEM minting.

The project describes VVV as “the privacy coin for AI.” Venice also says platform revenues support monthly VVV buybacks and burns, starting from November 2025.

Crypto.news previously reported that Venice, backed by Erik Voorhees, launched VVV on Base in January 2025. The earlier report said the token was designed to make Venice’s API more accessible by allowing AI agents to stake VVV for ongoing access to generative text, image, and code tools.

Korean listings keep moving markets

The VVV listing comes during a busy stretch for Upbit additions. Recent market updates showed that Upbit listed Pharos with KRW, BTC, and USDT pairs on May 8, while PROS jumped 47.8% after new Korean market access.

Crypto.news also noted that Upbit recently added B3 to its Korean won market and listed Dogwifhat with KRW, BTC, and USDT pairs. Those listings show how Korean exchange access can lift trading activity, though price moves can fade quickly after the first reaction.