REG - KR1 PLC - Introducing Decentralised AI

Kr1Announcement

14/05/2026 07:00

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RNS Number : 2585E  KR1 PLC   14 May 2026

KR1 plc

 

Thursday, 14 May 2026

 

KR1 plc ("KR1" or the "Company")

 

Introducing Decentralised AI

 

KR1 plc (LSE: KR1), a digital asset technology company, is pleased to announce
the expansion of its technology infrastructure operations through newly
launched activities and strategic investments in the convergence of artificial
intelligence ("AI") and decentralised technologies.

 

As detailed in the Company's latest Managing Directors' Report, artificial
intelligence is increasingly converging with digital assets and onchain
infrastructure. A key part of this stems from agentic AI systems, where
agentic activity through commerce and settlement is a key demand driver for
onchain infrastructure and is expected to grow exponentially.

 

However, with the increasing global adoption of AI, society also faces a key
issue, one where centralised AI systems pose threats to user privacy and
censorship as well as face risks in relation to control. Therefore, it's vital
that systems exist that provide users options that eliminate fragility, reduce
single points of failure, and return power and control to the user.

 

In line with this, the Company is pleased to announce a strategic investment
in Venice ("VVV"), a leading privacy-centric AI inference platform alongside
the launch of the Company's technology infrastructure operations for Venice.

 

Venice AI, founded by Erik Voorhees, a respected crypto entrepreneur, is a
privacy-focused AI platform providing permissionless access to AI models for
text, image, code and agent-based applications, without relying on the closed,
data-aggregation business model of major centralised AI platforms. Venice
provides KR1 plc exposure to the user and agent-facing layer of artificial
intelligence, including private inference, open model access and the emerging
machine-to-machine economy.

 

Since the start of May, KR1 plc has acquired 60,000 VVV tokens and has
recently commenced staking activities on the Venice platform, with VVV
representing a productive asset to the Company. Based on recent Venice staking
activity, the Company is targeting for the staking operations to generate
infrastructure income from Venice emissions in excess of 10% ARR alongside
expected medium-to-long term capital growth. The VVV tokens utilised in the
Company's staking operations are locked in Venice's staking system and are
subject to a 7 day 'cooldown' process should the Company decide to cease its
staking operations and dispose of the holding. The Company will evaluate
potential partnerships in the Venice ecosystem as well as further
opportunities, such as Venice's DIEM token, which enables onchain participants
to programmatically access AI inference.

 

The Company further notes the recent launch of Gensyn, a network for machine
intelligence, where KR1 plc has existing look-through exposure to Gensyn
through seed and Series A funding rounds from the Company's Zee Prime II
specialist fund holding. KR1 plc is further pleased to announce the Company
has started acquiring a strategic position in Gensyn ("AI") and will evaluate
relevant opportunities and partnerships in the Gensyn ecosystem.

 

Gensyn is a decentralised AI compute network aggregating idle GPU and CPU
resources into a single verifiable compute layer. It was funded by Andreessen
Horowitz (alongside Zee Prime) and provides KR1 plc exposure to the
infrastructure layer of decentralised AI with training, verification,
coordination of AI models and compute beyond centralised cloud and model
providers.

 

Further, KR1 plc has material exposure to protocols that are likely to benefit
from the expected growth in agentic AI activity, such as through the Company's
existing positions in Ethereum and RedStone. These holdings and related
operations sit in the Company's Technology Infrastructure strategy, where the
Company utilises approx. 50% of its assets with a view to generate income,
targeting a blended yield of in excess of 5%. The Company is actively
preparing, evaluating and researching further operational opportunities and
strategies in the onchain infrastructure sector, including in relation to
decentralised AI.

 

Further information on the Company's performance in relation to the generation
of infrastructure income from these operations as well the Company's
underlying holdings will be provided in due course as part of the Company's
regular monthly unaudited financial updates.

 

Keld van Schreven, Managing Director and Co-Founder of KR1 plc, commented:

"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."

 

About KR1 plc

KR1 plc is a digital asset technology company listed on the London Stock
Exchange, focused on the infrastructure layer of decentralised networks. By
securing Ethereum and other major networks, the Company compounds its asset
base alongside strategic investments - turning active network participation
into long-term value for shareholders.

 

Contact

For further information, please contact:

 

KR1 plc (KR1: LSE)

George McDonaugh, Keld van Schreven

Phone: +44 (0)1624 630 630

Email: investors@KR1.io

 

Singer Capital Markets (Corporate Broker and Financial Adviser)

Investment Banking: Alex Bond, James Fischer

Equity Sales: William Gumpel

Phone: +44 (0)20 7496 3000

Email: enquiries@singercm.com

 

SEC Newgate (PR, Media and Financial Communications Adviser)

Ian Silvera, Bob Huxford, Dafydd Rees

Phone: +44 (0)20 3757 6882

Email: KR1@secnewgate.co.uk

 

AlbR Capital (Financial Adviser)

David Coffman

Phone: +44 (0)20 7469 0930

Email:  info@albrcapital.com

 

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law
(as defined in the European Union (Withdrawal) Act 2018).

 

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