Reports indicate that a Chinese financial technology company is in preliminary discussions with the Abu Dhabi–based Venom Foundation. While unconfirmed, these discussions highlight Chinese firms’ continued interest in exploring blockchain platforms for cross-border transactions, environmental reporting, and large-scale data processing, reflecting a broader trend of experimentation with advanced digital finance infrastructure. Preliminary Discussions Reported Chinese media sources suggest that a leading fintech firm is considering acquiring blockchain infrastructure from the Venom Foundation. Neither party has confirmed these discussions, and the details remain speculative
source: https://beincrypto.com/china-explores-blockchain-integration-through-venom-talks/