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COLORADO SPRINGS - Venu Holding Corporation (NYSE American:VENU), whose stock has surged over 90% year-to-date and recently touched its 52-week high of $17.52, announced plans to launch a blockchain-powered digital service in early 2026 that would extend its entertainment ecosystem beyond physical venues, according to a press release issued Wednesday.
The planned service aims to create tokenized layers of membership and rewards for music fans across homes, mobile phones, and automobiles. The company intends to integrate this technology with its planned soft ticketing platform to provide flexible, digital-first access to live entertainment. According to InvestingPro data, VENU maintains a healthy liquidity position with a current ratio of 2.72, providing financial flexibility for its digital initiatives.
"VENU intends to own the narrative around digital engagement with fans, dramatically improving live-streamed entertainment while unlocking totally new experiences for fan ownership," said J.W. Roth, Founder, Chairman, and CEO of VENU.
The company is currently expanding its physical footprint with three new amphitheaters scheduled to open in 2026. VENU has set a target of operating 25 amphitheaters and 15 indoor entertainment complexes by 2030, which it projects would represent over 350,000 seats and potentially generate over 20 million annual tickets sold.
VENU currently operates venues in Colorado Springs, Colorado, and Gainesville, Georgia, with upcoming large-scale venues planned in Oklahoma and Texas. The company has formed partnerships with AEG Presents and former NFL quarterback Troy Aikman.
The announcement comes as asset tokenization gains attention in financial technology circles. SEC Chairman Paul Atkins recently described tokenization as "an innovation" on CNBC, according to the company statement. While VENU’s stock shows strong momentum, InvestingPro analysis indicates the company is currently trading above its Fair Value, with analysts projecting continued revenue growth of 35% this year despite expectations of negative earnings. For deeper insights into VENU’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro along with 17 additional key ProTips for this stock.
In other recent news, Venu Holding Corporation announced its Q2 2025 financial results, highlighting notable developments for investors. The company reported a total revenue of $4.5 million, representing a 7% increase compared to the previous year. Despite this revenue growth, Venu Holding’s earnings per share (EPS) of -0.3 fell short of analysts’ expectations. The earnings report did not significantly impact the stock’s stability in aftermarket trading. These recent developments provide insight into Venu Holding’s financial performance and operational progress. Investors may find the revenue growth noteworthy, although the missed EPS expectations could raise some concerns.
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