Reports from Chinese media indicate that a major Chinese financial technology firm is in preliminary discussions with the Abu Dhabi–based Venom Foundation, signaling continued interest in advanced blockchain platforms for digital finance. While the talks remain unconfirmed, they highlight China’s ongoing push to integrate blockchain into financial services, cross-border settlements, and large-scale data management.
Venom, known for its high-performance blockchain, has reportedly achieved up to 150,000 transactions per second with settlement times under three seconds. Its infrastructure uses sharding and parallel execution to handle heavy transaction loads, while also offering built-in compliance features such as KYC and AML verification. This makes it attractive for regulated industries, digital assets, and stablecoin issuance aligned with government frameworks.
Potential applications under consideration include international currency settlements, environmental data reporting, and processing of complex financial datasets. These align with China’s strategic priorities in global trade facilitation, financial innovation, and environmental accountability.
China has previously explored blockchain integration through pilot programs in cryptocurrency trials and corporate treasury operations. However, a partnership or acquisition of Venom would represent a significant step toward embedding blockchain at scale in its financial ecosystem. Industry analysts note that Chinese firms have historically acquired foreign technologies to accelerate domestic innovation, and this development appears consistent with that approach.
Although neither Venom nor the Chinese fintech company has confirmed the reports, industry insiders suggest that a potential deal could materialize by late 2025 or early 2026. Regardless of the outcome, the discussions reflect a broader trend of Chinese firms exploring global blockchain platforms to strengthen digital finance infrastructure and expand their role in international markets.
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