Venom Foundation Announces Dissolution and Withdrawal from ADGM
Venom Foundation has announced that it will cease its operations in the Abu Dhabi Global Market (ADGM) effective December 14, 2023. As per Section 40 of the 2017 ADGM Foundation Regulations, the dissolution process has been initiated. This decision aligns with its current strategic direction. Venom clarifies that this decision is specific to the current objectives of the Venom Foundation and does not reflect any negative sentiment towards the ADGM environment.
It's important to note that as of now, Venom has not undergone any token generation event. Any public statements regarding the issuance of Venom tokens by Venom Foundation after a token generation event are inaccurate and not authorized by the foundation.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Slowmist Releases October Web3 Security Incident Report
TEAMZ Web3・AI Summit 2025: Bringing Global Leaders to Tokyo
Russia Establishes Legal Framework and Standards for Crypto Mining
Japan’s Crypto Industry to Launch “Self-Regulation” of Stablecoins
0.00