Chinese fintech company rumored to acquire Venom Blockchain, exploring high-performance digital infrastructure.

Reports indicate that a Chinese fintech company is in preliminary negotiations with the Venom Foundation, headquartered in Abu Dhabi, with the intention of acquiring its Blockchain infrastructure. Although this news has not been confirmed, it highlights the ongoing interest of Chinese enterprises in leveraging high-performance Blockchain for applications such as cross-border transactions, environmental reporting, and large-scale data processing, reflecting a broader trend in exploring advanced digital financial infrastructure.

Rumored acquisition negotiations

According to sources from Chinese media, a leading fintech company is considering an acquisition of the blockchain infrastructure of the Venom Foundation. Currently, neither party has confirmed these negotiations, so the details remain speculative.

China has been exploring blockchain applications in various fields, including digital asset management and financial services infrastructure. Previous initiatives included testing digital currencies and integrating blockchain into corporate financial operations. A potential acquisition of Venom would mark a new step for Chinese enterprises—integrating a high-performance blockchain platform into a broader financial system, rather than being limited to confined pilot projects.

The Potential of Venom Blockchain

Venom is a high-performance Layer-0 Blockchain platform based in Abu Dhabi. Recently, the Venom Foundation successfully completed stress testing of its next-generation protocol in a closed network, demonstrating the capability to process 150,000 transactions per second (TPS) and completing all transfers within three seconds. The launch of this upgrade is planned for the third quarter of 2025, which will make Venom one of the most efficient public Blockchains in terms of throughput.

The key technological features that attract the attention of Chinese partners include:

1. Enterprise-level scalability: The dynamic sharding architecture ensures large-scale transaction processing without performance loss.

2. Cross-chain compatibility: Supports EVM, WASM, and Venom's proprietary TVM (Thread Virtual Machine) through the decentralized bridge chainconnect.

3. Compliance: Built-in KYC/AML mechanisms and the ability to create government-backed stablecoins.

4. Scale-Speed Consensus: The DAG-based memory pool consensus achieves over 400,000 TPS in synthetic tests while maintaining real-time finality.

5. Fair Ordering Layer: The distributed sorting mechanism converts the DAG into a single linear order, preventing frontrunning and other MEV attacks.

6. Parallel smart contract execution: The TVM participant model shards accounts and processes calls asynchronously, achieving high-capacity DeFi and microtransactions.

According to preliminary information, Venom technology may be applied in the following areas:

1. Supply Chain Financing: Build a reliable "data credit" system, where Blockchain ensures the transparency and immutability of accounts receivable, inventory, and order information. This will address the long-standing distrust banks have towards small and medium-sized enterprises.

2. Digital Stablecoin: Develop digital assets supported by the Renminbi to accelerate cross-border settlements and reduce reliance on the US dollar channel.

3. Green Finance: Creating a transparent system to track carbon credits and corporate environmental indicators through immutable Blockchain records.

4. Intelligent Risk Assessment: Integrated with AI systems to analyze production data, cash flow, and energy consumption in real-time.

The potential acquisition of Venom technology by a Chinese company reflects the actual implementation of the national strategy to transform Blockchain into foundational financial infrastructure. This aligns with the policy of supporting the real economy through digital technology.

One of the key advantages of Venom is that the platform can operate in diverse regulatory environments while maintaining high performance. This is crucial for Chinese companies planning to expand internationally under the "Belt and Road" initiative.

The Profound Impact on China's Digital Finance Sector

China's technology industry has previously integrated external technologies into its domestic financial and digital ecosystems through acquisition. Although no transactions have been confirmed yet, these rumored negotiations suggest that Chinese companies are continuously exploring ways to incorporate advanced Blockchain infrastructure into their operations.

Industry insiders estimate that if any potential deal goes through, it could be finalized by the end of 2025 or early 2026. Regardless of the outcome, these negotiations indicate that China continues to have a strong interest in blockchain platforms that go beyond pilot projects.

Conclusion

The potential acquisition rumored here may hold significance beyond the transaction itself. It signifies a shift in China's attitude towards Blockchain technology from exploratory trials to strategic integration. By acquiring a mature Blockchain platform with high throughput, low latency, and robust compliance tools, China's fintech companies can bypass the time-consuming internal development phase and rapidly apply their technology to solve complex problems in the real world, such as inefficient cross-border payments and large-scale data tracking. This pragmatic approach suggests that future innovations in China's digital finance sector will place greater emphasis on efficiency and scalable applications, potentially playing a more important role in the global digital infrastructure development.