In 2009, The Wall Street Journal described the currency as being pegged to the US dollar, and used by Hub Culture's users to trade goods, services, and knowledge.
[10] In January 2014, Ven became the first digital currency to begin trading in regulated Forex markets, on LMAX Exchange.
[3] According to leaked emails, Stan Stalnaker pitched Ven as a fundraising tool for Hillary Clinton's campaign in May 2015.
Campaign chairman John Podesta expressed interest in this offer, but no meeting was scheduled due to time constraints.
[12][13][14] The company also claims that as part of the basket includes carbon futures, estimated at 7%, Ven is environmentally friendly.