A Chinese fintech company is reported to be in preliminary discussions with the Abu Dhabi-based Venom Foundation regarding access to blockchain infrastructure. Although not confirmed, this information indicates the growing interest of Chinese enterprises in blockchain for areas such as cross-border payments, environmental reporting, and large-scale data processing.
Venom stands out due to its ability to process up to 150,000 transactions per second, with completion times under 3 seconds, along with KYC/AML compliance tools that support the issuance of digital assets and regulatory-compliant stablecoins. If accessible, this infrastructure could help China expand blockchain applications from small-scale trials to large-scale financial systems.
Although there is no official agreement yet, it is expected that if progress is made, the deal could be completed by the end of 2025 or early 2026. This reflects the ongoing trend of China seeking advanced blockchain solutions.
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