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2023-12-16 14:51:55

Finance News - Telegram Channel (RSS Feed) on Nostr: **🖼 Venom Foundation has launched the dissolution process and will no longer ...

**🖼 Venom Foundation has launched the dissolution process and will no longer continue to operate in the global market of Abu Dhabi. The Venom Foundat...**

**Venom Foundation has launched the dissolution process and will no longer continue to operate in the global market of Abu Dhabi.** The Venom Foundation, the foundation behind the Layer 1 blockchain Venom, announced that it would no longer continue to operate in the Abu Dhabi Global Market (ADGM), and in accordance with regulatory regulations, the foundation has started the dissolution process. The Venom Foundation said that this decision is in line with our current strategic direction. It should be emphasized that the choice to disband is not a reflection of the environment of Abu Dhabi's international financial center. Venom Foundation is still willing to explore future opportunities in the Abu Dhabi International Financial Center. As of today, there is no token generation event in Venom. Any public statement about the Venom Foundation's issuance of Venom tokens after the token generation event is untrue and is not authorized by the foundation. It was previously reported that in January 2023, Venom Foundation, in cooperation with the investment management company Iceberg Capital, launched a $1 billion venture fund that will invest in Web3 protocols and dApps. Pre-Seed to A round of financing, focusing on trends such as payment, asset management, DeFi, as well as banking services and GameFi. #Blockchain (https://t.me/Crypto_Blockchain_Coin_Stock_New/4867?q=%23Blockchain)@money (https://t.me/money)

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