China’s FinTech Sector Sets Sights on Venom Blockchain for Digital Finance Modernization
The Chinese media report that one of the country’s leading FinTech companies is negotiating the acquisition of technological solutions from the Venom Foundation based in Abu Dhabi. This move is seen as a strategic effort to integrate Venom’s blockchain infrastructure into China’s growing digital financial systems.
Sources familiar with the matter reveal that the goal is to leverage Venom’s blockchain technology to support the modernization of financial services in China. In May, the People’s Bank of China and other supervisory authorities published a “leading opinion on financial support for new industrialization,” emphasizing the need for financial institutions to adopt technologies like blockchain and artificial intelligence to better serve the real economy.
Venom’s Blockchain Infrastructure and Its Potential Applications
Venom, a Layer-0 blockchain protocol, has recently gained attention for its improved architecture, which can process around 150,000 transactions per second. This capability could be highly valuable for Chinese institutions, particularly in areas such as cross-border settlements and CO2 credit tracking.
A person close to the talks highlighted that Venom’s ability to operate within multiple regulatory frameworks is one of its strongest selling points. For Chinese companies pursuing international expansion as part of the Belt and Road Initiative, access to such infrastructure could help reduce dependence on dollar-based settlement corridors and offer tools to issue regulated digital assets.
China’s Pursuit of Digital Financial Knowledge Abroad
This potential deal is not the first instance of Chinese companies seeking digital financial expertise abroad. In June 2025, the Hong Kong-based OSL Crypto platform announced a takeover agreement with Canadian fintech BC Technology, a move analysts described as part of a broader trend of Chinese companies securing overseas technology to achieve domestic policy goals.
If the Venom deal is successful, implementation could extend beyond traditional banking business to areas such as supply chain financing, where blockchain could help combat long-standing distrust between banks and small companies by ensuring transparent, tamper-proof data via claims. Another possible application is in green financing, as authorities seek reliable tools to measure carbon emissions and environmental output.
Negotiations and Potential Outcomes
The negotiations are still in the early stages, with no official comment from either side. Market observers suggest that the deal could be completed between the end of 2025 and early 2026. The talks demonstrate how China’s financial sector is aligning its corporate strategy with state policies by seeking external partners for technical expertise.
For more information on this developing story, please visit https://crypto.news/chinese-fintech-eyes-venom-blockchain-in-push-for-digital-finance-modernization/
