Chinese media report that one of the leading fintech companies in the country is negotiating the acquisition of technological solutions of Venom Foundation, based in Abu Dhabi.
Sources that are familiar with the case say that the goal is to integrate the blockchain infrastructure of Venom into the growing digital financing systems of China.
The news comes when Beijing continues to emphasize the modernization of financial services. In May, the People’s Bank of China and other supervisors published “leading opinion on financial support for new industrialization”, in which financial institutions are called to use technologies such as blockchain and artificial intelligence to serve the real economy more effectively.
Venom (Venom), a low-0 blockchain protocol, recently attracted attention after testing his improved architecture, the ability to process around 150,000 transactions per second. For Chinese institutions this can be valuable in areas, ranging from cross -border settlements to carbon credit.
A person near the conversations noted that the ability of Venom to operate in several regulatory frameworks is one of the strongest sales arguments. For Chinese companies that pursue international expansion under the Belt and Road Initiative, access to such an infrastructure can help reduce dependence on dollar-based settlements and at the same time offer aids to issue regulated digital assets.
This would not be the first time that Chinese companies have looked abroad for expertise in the field of digital finances. In June 2025, the Crypto platform OSL saw its shares rising in Hong Kong after announcing a takeover fire with Canadian fintech BC technology. Analysts described the move at the time as part of a broader trend of Chinese companies that protect overseas technology to achieve domestic policy goals.
If a GIF deal goes through, the implementation can extend beyond traditional banking. Insiders mention areas such as supply chain financing, where blockchain could help tackle the long-term distrust between banks and small companies by ensuring transparent, sabotage resistant data on progress. Another possible application is in green financing, because authorities are looking for verifiable tools for measuring CO2 emissions and environmental performance.
Negotiations are still at an early stage, without official comment from both sides. Market observers suggest that the deal could close between the end of 2025 and the beginning of 2026. For the time being, the discussions are emphasizing how China’s financial sector coordinates the business strategy with the state policy by looking for external partners for technical expertise.
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