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VVV and Capital Measured by revenue, Venice has become the largest company at the intersection of AI and cryptoeconomics. Today, we announced Venice’s first round of outside capital, a $65m Series A led by @dragonflyvc, valuing Venice’s equity at $1 billion. Since we are an atypical company, this thread describes how this equity raise relates to the most valuable asset we have on our balance sheet, our capital token base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

SERV Reasoning Private Beta is one month in. Don't take our word - hear from builders inside. 👇

With the incredible early success of SERV Reasoning, I’ve been focused on accelerating adoption across two key domains: Bigger institutions. Global scale. This week, I’m in Nairobi meeting with some of the largest banks in the region, including pitching heads of corporate credit, IT, and risk (among others) inside executive boardrooms at Tier 1 institutions with over $7B in collective AUM. East Africa and Kenya in particular is the highest growing credit market in the world. As banks increasingly look to adopt AI, especially in emerging markets where credit is growing rapidly, the opportunity is obvious: major bottlenecks and archaic processes are waiting to be solved. But for financial institutions, adoption only happens if the technology clears a high bar: auditable outputs, reliable performance, and sustainable cost. So far, we’ve heard that previous attempts at AI integration have largely stalled because they failed on reliability, cost, or both. That’s where SERV Reasoning comes in. To power products that actually move the needle, and that institutions can rely on to deliver results at an economically feasible price. But product is only one side of adoption. In enterprise, especially with major institutions in emerging markets, distribution can matter just as much, if not more. Sales cycles are long, trust is earned through relationships, and adoption often depends on being in the right rooms with the right stakeholders. That’s why being here on the ground matters.