Chinese Fintech Eyes Venom Blockchain to Redefine Global Trade Dynamics

China’s financial technology sector is reportedly exploring the acquisition of blockchain infrastructure from the Abu Dhabi-based Venom Foundation, signaling a deepening interest in leveraging high-performance blockchain for digital finance modernization. The discussions, currently unconfirmed, suggest that a major Chinese fintech company is considering integrating Venom’s platform into its systems. Venom’s blockchain, which has demonstrated the capacity to process up to 150,000 transactions per second with settlement finality in under three seconds, is designed to support compliance tools such as KYC and AML checks and is compatible with state-backed stablecoins [1].

Analysts highlight three potential areas where Venom’s technology could align with China’s strategic financial goals. First, the platform could facilitate cross-border yuan settlements, a key initiative under the Belt and Road framework, reducing reliance on U.S. dollar corridors in international trade. Second, Venom’s immutable data tracking could support green finance by enabling verifiable carbon credit records. Third, the platform’s capacity for high-volume data processing could aid AI-driven risk modeling in banking and insurance, enhancing efficiency and compliance [1].

China’s approach to blockchain integration has evolved beyond pilot projects and small-scale experiments. The country’s financial regulators, including the People’s Bank of China, have increasingly emphasized the role of blockchain and artificial intelligence in modernizing financial services. This trend aligns with recent policy documents, such as the “Guiding Opinion on Financial Support for New Industrialization,” which encourage financial institutions to deploy advanced technologies to better serve the real economy [2].

The potential acquisition of Venom would mirror similar strategic moves by Chinese corporations, such as Tencent, which have historically expanded their digital ecosystems through external innovation. A Venom deal, if finalized, could see implementation in sectors beyond traditional banking, such as supply chain financing. In this context, blockchain’s transparency and tamper-proof data could help resolve trust issues between banks and small businesses by providing clear visibility into receivables [2].

While no official confirmation has been provided by either party, sources estimate that a potential deal could be finalized between late 2025 and early 2026. Even if no transaction moves forward, the mere fact that these discussions are being reported reflects a broader industry shift. Chinese institutions are increasingly willing to pursue external partnerships to embed emerging technologies into their digital infrastructure, aligning corporate strategy with national policy objectives [3].

Source:

[1] Venom Blockchain Talks Signal China’s Interest in New Frontiers of Digital Finance (https://www.thestreet.com/crypto/newsroom/venom-blockchain-china-digital-finance)

[2] Chinese fintech eyes Venom blockchain in push for digital finance modernization (https://crypto.news/chinese-fintech-eyes-venom-blockchain-in-push-for-digital-finance-modernization/)

[3] China Explores Blockchain Integration Through Venom Talks (https://beincrypto.com/china-explores-blockchain-integration-through-venom-talks/)