(Alliance News) - KR1 PLC on Thursday announced the expansion of its investments in artificial intelligence and other decentralised technologies.
The Douglas, Isle of Man-based digital asset investment company announced an investment in Venice, or VVV, which it describes as "a leading privacy-centric AI inference platform" which allows for "permissionless access to AI models for text, image, code and agent-based applications".
Since the beginning of May of 2026, KR1 has acquired 60,000 VVV tokens and begun staking operations. Staking, a process in which users validate blockchain transactions, will enable KR1 to generate over 10% ARR along with medium-to-long term capital growth.
Separately, KR1 hailed the launch of Gensyn, an AI compute network which aggregates idle graphics processing unit and central processing unit resources into a single compute layer.
"Decentralised AI represents the most important new opportunity in digital assets. KR1 is positioning early across this emerging stack because we believe decentralised AI has the potential to become one of the defining investment themes of the next decade, while helping address many of the biggest challenges facing AI today, namely privacy, access, resilience, ownership and control," said Keld van Schreven, managing director and co-founder of KR1.
Shares in KR1 closed down 2.7% at 14.60 pence each in London on Thursday.
By John Robaina, Alliance News reporter
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