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Valory.xyz is the online home of Valory, a Switzerland-based team developing open-source frameworks for co-owned artificial intelligence systems. According to the company’s website, Valory focuses on combining multi-agent systems (MAS) and distributed ledger technology (DLT) to create autonomous AI agents that can be owned and operated by communities, organizations, and individuals. Valory is a core contributor to Olas, a protocol for decentralized, ownable AI agents, and has developed products such as Pearl, a consumer-facing “agent app store,” and the Mech Marketplace for enterprises. In a May 2025 announcement, Valory reported the appointment of founding team member Gemma Welsh as CEO and the ongoing growth of its ecosystem, which now includes over 600 active agents and 6 million transactions.
Valory operates in the emerging field of decentralized AI infrastructure. According to its public materials, the company aims to make AI agents more participatory by enabling users to co-own and benefit from them, rather than simply consume them as external services. This approach leverages the Olas Stack, a framework for building and deploying decentralized agents, and the Olas Protocol, which facilitates registration, execution, and security for these agents. Through initiatives such as the Olas Accelerator, Valory is supporting developers and organizations in building applications for its agent ecosystem across areas like decentralized finance, governance, and social engagement.
Valory has introduced several products aimed at expanding the use of co-owned AI agents. As described on the company’s website, Pearl is an “agent app store” and desktop application that helps users create, own, and interact with AI agents for purposes ranging from social engagement to decentralized finance. The Mech Marketplace, also detailed in Valory’s public materials, provides an enterprise-focused platform for organizations to access and integrate autonomous agents into their operations. These tools form part of the broader Olas ecosystem, which, according to the company, includes incentives for developers through initiatives such as the Olas Accelerator.
Valory’s leadership includes individuals with academic and entrepreneurial experience. The company’s website states that former COO and now CEO Gemma Welsh is a serial entrepreneur who has been founding and consulting for innovative businesses and charities since 2015 and was selected for Jumpstart’s top 1% of UK early-careerists. Co-founder David Minarsch, who previously served as CEO, holds a PhD in Applied Game Theory from the University of Cambridge and has experience founding ventures at the intersection of blockchain and multi-agent systems. Co-founder and CTO David Galindo is described as a cryptographer who has served as an Associate Professor of Computer Security at the University of Birmingham.
The choice of Valory.xyz reflects the company’s commitment to innovation and open collaboration. .XYZ is widely adopted by developers, researchers, and builders at the forefront of AI, blockchain, and emerging technologies. Using Valory.xyz as its online hub places the company among a global community of pioneers leveraging .xyz domains to share tools, research, and forward-thinking projects with a broad audience. You can learn more by following the company on X/Twitter and LinkedIn and by visiting Valory.xyz.
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