The Cayman Islands-based Venom Foundation, functioning as a Layer-0 and 1 blockchain with proof of stake (PoS) consensus, has experienced significant growth by integrating with various platforms and being listed on multiple exchanges. In a recent development, Venom's VENOM token was added to OKX for spot trading on March 22.

Venom, known for its advanced Mesh network architecture facilitating diverse product development and bridging the gap between government applications and Web3 projects, has attracted over 20 projects to launch on its platform. This demonstrates the confidence developers have in the foundation's strong infrastructure. Furthermore, discussions are underway for stablecoin initiatives in different countries.

Regarding these updates, Christopher Louis Tsu, the CEO of Venom Foundation, emphasized the crucial role of blockchain technology, particularly in emerging markets and developing economies.