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Latest news The Registration Authority of ADGM publishes consultation paper on Single Family Offices and Company Charges Under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan ADFW to return in December 2024 under the theme ‘Welcome to the Capital of Capital’
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Highlights ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28 ADGM Implements its Sustainable Finance Regulatory Framework
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    Cessation of activities by Venom Foundation in ADGM

    ADGM 17/05/2024

    The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) wishes to inform members of the public that Venom Foundation, an ADGM registered foundation with registration number 000008382 (Venom Foundation ADGM), is no longer conducting any activities in ADGM having voluntarily cancelled its commercial licence in February 2024 and appointed a liquidator in March 2024 to wind down the foundation.

    In addition to Venom Foundation ADGM, associated ADGM companies Venom Blockchain Holding Limited with registration number 000007380 and Venom Blockchain Holding 2 Limited with registration number 000010061 also appointed a liquidator in March 2024 to wind down those companies.

    The RA wishes to alert members of the public that Venom Foundation ADGM and the associated ADGM companies are not associated with activities mentioned in recent social media announcements concerning the launch of Venom Blockchain. References in the recent social media to Venom Foundation are not to Venom Foundation ADGM.

    For further information, please view the media release issued by Venom Foundation ADGM here: Cessation of activities by Venom Foundation in ADGM.