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The team at @717CapitalAI just did a 3.1mil settlement resulting in their largest $WIRE buyback of 300K
I feel we can expect more like this after their bank acquisition
717ai@717CapitalAI
Successfully completed 3,128,916.51 ($3,128,916.51) USDT trade settlement(s)! As a result, 300,000 $WIRE tokens were purchased & burned to further increase token holder value🔥 $USDT - [REDACTED PER ORG REQUEST] $WIRE - basescan.org/tx/0x089698371…
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Successfully completed 3,128,916.51 ($3,128,916.51) USDT trade settlement(s)!
As a result, 300,000 $WIRE tokens were purchased & burned to further increase token holder value🔥
$USDT - [REDACTED PER ORG REQUEST]
$WIRE - basescan.org/tx/0x089698371…

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Let's talk about agentic AI. More specifically let's talk about a certain agent 👉 $WIRE from @717CapitalAI, part of the @virtuals_io and @base ecosystems.
Below, I outline 6 INSANELY bullish aspects about this project.
1️⃣ They’re on the verge of owning/re-opening a real U.S. bank. You read that right. JV vehicle tax filings are complete, capital partner press release is expected any day, team is traveling for final due diligence, and the official “bank re-opening date draws near.” This is no longer rumor, folks. It’s execution phase.
Direct Fed access + owned rails turns their OTC settlements from “using third parties” into “own the pipes.” Honestly, in a world of exploding stablecoin/RWA volume, this is the ultimate moat in my eyes.
2️⃣ Real revenue is already flowing, and it’s scaling fast 🔥. Over the last 3 weeks alone they settled $4.127M in volume (multiple 6- and 7-figure USDT/SOL trades almost daily). Latest examples:
🟩 $991k USDT settlement 👉 100k $WIRE bought & burned.
🟩 $480k 👉 another 50k burned. 🟩 $425k 👉 50k burned.
This is not promised utility. This is live, institutional-grade OTC settlements generating cash that immediately buys back and burns tokens 🔥
3️⃣ 4%+ of total supply already burned via revenue and burns are slated to accelerate post-bank acquisition 🔥. Every settlement triggers automatic buybacks. They’ve already retired hundreds of thousands of tokens (495k in one 3-week window alone). Once the bank is live, settlement volumes (and burns) are expected to jump dramatically because they’ll control the full stack instead of routing through partners. Pure deflationary pressure at a ~$2-3M MC.
4️⃣ Signature Bank / Signet DNA gives them unmatched institutional credibility in me eyes. The team comes directly from Signature Bank’s Signet platform which was the original 24/7 blockchain-based real-time payment rail that powered Circle, Coinbase, and massive crypto settlements before the 2023 collapse. They’re literally rebuilding the exact playbook that made Signet the gold standard for compliant crypto-tradfi bridging. Ex-Signature execs already launched @N3XTinc doing something similar. 717 is executing the same strategy but with AI agents + token burns baked in.
5️⃣ Direct institutional pipelines already live. Confirmed involvement in Fidelity’s Ethereum-based stablecoin pilot + Circle partnership for settlements. Inbound requests are now coming for things like Anthropic share placements, which was recently noted in their post from April 25th. This isn’t “hoping for flows." in fact, it's the complete opposite 👉 the flows are here and growing.
6️⃣ Positioned at the exact intersection of exploding AI agent commerce + Virtuals and Base ecosystems. As mentioned above, they’re the OTC settlement agent for AI-driven trades on Virtuals, with market intel drops that move volume. The team is now exploring CEX partnerships for autonomous AI market making. Every agent-to-agent trade or Anthropic-style placement that needs instant settlement = more $WIRE burns. Tiny market cap right now, but already a Top 10 Base AI project by activity and only just getting started 👽
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Total Crypto AI market cap increased (+2.10%) as $BTC price rejects $78,000 resistance.
- NASDAQ hits fresh all-time high following Iran ceasefire extension;
- $WIRE explores another CEX partnership to enable autonomous market making via AI trading infrastructure;
- @virtuals_io doubles AI trading prize pool to $200k, $VIRTUAL now available on @HyperliquidX;

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Zoof will have @claudeai Opus 4.7 available when we release our next version to the public
Claude@claudeai
Introducing Claude Opus 4.7, our most capable Opus model yet. It handles long-running tasks with more rigor, follows instructions more precisely, and verifies its own outputs before reporting back. You can hand off your hardest work with less supervision.
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Total Crypto AI market cap rallies (+4.0%) as S&P 500 hits fresh record.
- @DriftProtocol announces $150m relaunch, with new user revenues being added to a recovery pool for old users;
- @717CapitalAI remains a Top 10 @base AI project as bank re-opening date draws near;
- Charles Schwab prepares direct $BTC and $ETH trading in order to compete with @RobinhoodApp;

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Something's cooking with $WIRE
Could be something to do with the bank acquisition process, but seeing some big buys jump in the past couple days.
TG chat said stay tuned for an update and blog post by the end of the week 🤔
What's cooking @717CapitalAI?
717ai@717CapitalAI
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Why would @virtuals_io repost this @717CapitalAI post with just a picture?
Seems $WIRE'd to me

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Total Crypto AI market cap returns (+2.91%) as U.S-Iran negotiations heat up for 5th consecutive week.
- @virtuals_io recent $100k AI trading competition resulted in $167 top agent profit;
- $WIRE (+130%) explodes on bank acquisition rumors, with token burns expected to increase dramatically;
- @717CapitalAI prepares large end of month bank/business strategy update;

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Many crypto products focus on the core. Showing balances, sending them. With @zoofwallet I really try to focus on the UX. Customizable dashboards is one of them, and will be available on web first, and in our upcoming iPad app later. Lot of cards being build for you to mix and match the ultimate dashboards. (Yes - multiple ones possible)
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