News & Events zu ProCap Financial Inc (BRR)BRRProCap Financial Inc

ProCap Financial's AI Agent Silvia Outperforms Industry Standards

The company said, "ProCap Financial announced that Silvia, its AI agent lab exclusively focused on finance, has achieved industry-leading performance, outperforming frontier AI models evaluated on important personal finance topics including tax, mortgage, and credit cards. Over the past six months, Silvia's engineering team rebuilt its technology stack to own its own intelligence rather than rely on off-the-shelf, generic AI tools. The result is a custom system optimized exclusively for personal finance use cases, delivering higher accuracy, primary-source citations, faster response times, and lower costs. Key results include: Silvia ranked #1 among seven AI products on the Company's public tax, mortgage, and credit card benchmarks for both accuracy and citing primary sources. The benchmarks are open sourced on Hugging Face. Since the new model began rolling out in July, median response time has dropped 48%, cost per question has dropped 59%, and the share of answers users rate negatively has fallen by more than half, while monthly active users have grown substantially since March. The proprietary technology stack consists of three core components: Data pipelines: Custom benchmarks graded on accuracy and primary-source citations, plus high-quality training data generation. Harness engineering: Tight integration of the model router, tools, and agents so the system operates as a unified whole. Model training: Silvia Analyst, a quantitative finance specialist model that handles market data, company financials, portfolio analysis, and document parsing at 97% lower cost than frontier models."

ProCap Financial Changes Name to Silvia, Inc. and Ticker Symbols

ProCap Financial will change its corporate name to Silvia, Inc. and that its common stock and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols "SVIA" and "SVIAWW," respectively, effective at market open on September 22. The change aligns the public company with Silvia, its AI agent lab focused exclusively on finance and the platform through which the Company delivers its products to independent investors. The Company's common stock, currently trading under "BRR," will begin trading under "SVIA" at market open on September 22. The Company's warrants, currently trading under "BRRWW," will begin trading under "SVIAWW" at the same time. No action is required by stockholders or warrant holders. Outstanding stock and warrant certificates will remain valid and do not need to be exchanged. Shares and warrants held in book entry or street name will be updated automatically. The Company's legal entity, board of directors, management team, and operations are unchanged. The name and ticker changes have no effect on the rights of stockholders or warrant holders or on any of the Company's contractual obligations. The Company's website is expected to transition to www.silvia.com. Investor relations materials will be available at investors.silvia.com.

ProCap Financial Repurchases 2.2% of Shares at Approximately 22% Discount

ProCap Financial announced that since September 3 it repurchased an additional 2.2% of shares of its common stock at an approximate 22% discount to Net Asset Value. The Company funded the repurchases by selling approximately 50 Bitcoin. Since the start of its share buyback program, approximately 12.2% of shares outstanding have been repurchased. As of market close September 15, the number of outstanding shares was 84,937,392, the number of Bitcoin held was approximately 5,254 and the NAV per share was approximately $3.62.