Venice also announced expanded utility, more DeFi integrations and improved tokenomics.
Venice’s VVV token, which is linked with the Venice AI platform, a decentralized privacy-oriented protocol founded by Erik Voorhees, has been on a strong upward rally with price gains of over 100% over the past week.
The Venice token has outperformed the broader crypto market, which has dealt with major volatility since October 2025, with the latest brought on by the conflicts in Iran and the Middle East.
The Venice token’s latest rally came with the news of its partnership with Openclaw, the open-source autonomous agent platform that got acquired by OpenAI recently.
According to a post shared by Voorhes himself, Venice is now the recommended model provider for Openclaw. The founder shared the post on X on March 2 and followed with an additional post in which he warned users against “using llama 3.3 as default.”
He called it “a dated model” and suggested they “Use the much more intelligent GLM 4.6 instead (model name: zai-org-glm-4.6).”
The partnership boosts the Venice token’s visibility and broadcasts its utility and potential demand. Following Voorhees’ post on X regarding the partnership, the Venice token’s price rallied as high as $8.3, pushing the FDV past $600 million at the time.
The Venice project has been busy lately. According to reports, Venice has reduced its annual VVV emissions by 25% starting from around February 10, 2026. This move not only tightens its supply, it also reduces sell pressure from new tokens and boosts scarcity, which is usually bullish for utility tokens.
The protocol has also expanded its utility, gaining use cases across platforms like Aerodrome, Morpho and Plena. At the start of the year, it made GLM 4.7 the default model on its web app to help users work faster.
The new update offered better reasoning and stronger coding skills for very difficult tasks, and because of those improvements, Venice is now considered a ranking choice for advanced AI work and high-level productivity.
