September 12, 2025
By Our Correspondent
According to Chinese media outlet Toutiao, a significant Chinese financial technology company is in negotiations to purchase blockchain technologies from Venom Foundation, an Abu Dhabi-based platform, as part of initiatives to modernize digital financial services.
The possible agreement is in accordance with Beijing’s recently released guidelines on financial assistance for industry modernization, which urge organizations to use AI and blockchain technology to better help the real economy.
The article also stated that financial terms have not been revealed and that negotiations are still confidential.
Up to 150,000 transactions per second (TPS) can be processed using the high-performance Layer-0 blockchain Venom.
Ahead of a protocol upgrade planned for the third quarter of 2025, the foundation recently finished a closed-network stress test that showed the system could complete transfers in three seconds.
Venom would rank among the world’s fastest public blockchains if it were put into practice.
Enterprise-grade scalability via dynamic sharding, cross-chain interoperability with WebAssembly and Ethereum Virtual Machine, integrated KYC and anti-money laundering procedures, and support for government-backed stablecoins are among the features that Chinese partners are interested in.
Additionally, Venom’s architecture allows for a consensus model that can potentially surpass 400,000 TPS and the concurrent execution of smart contracts.
According to industry sources, Chinese businesses see potential uses in AI-driven risk assessment models for small and medium-sized businesses, digital stablecoins backed by yuan for cross-border settlement, supply chain finance, and carbon credit tracking in green finance.
The discussions highlight Beijing’s plan to lessen dependency on U.S. dollar payment channels and integrate blockchain into the country’s financial system.
By offering scalable, compliant financial rails for global expansion, the technology may potentially help the Belt and Road Initiative.
The deal, if finalized, would represent one of the biggest blockchain technology deployments into China’s financial system and might close by late 2025 or early 2026.
