Today, the HAWEX DAO project announced a partnership with the Venom Foundation, the first crypto foundation registered in Abu Dhabi with a license to utility tokens to issue. This is to jointly advance application development for the Venom blockchain ecosystem and HAWEX’s portfolio of payment methods and financial management tools. The companies’ mutual expertise is aimed at accelerating global adoption of core functionality from both parties.
The first phase of the integration of Hawex Crypto Processing and Venom blockchain was completed in October 2022.
As part of this agreement, HAWEX DAO by providing financial stability and corporate and investment banking services, supporting the essential elements of the Venom blockchain ecosystem worldwide.
About Venom Foundation
Venom Foundation is a fully ADGM-regulated crypto foundation, with the main priority of building a robust and highly scalable blockchain and supporting the development of a self-sustaining blockchain ecosystem. Venom enables large companies, enterprises and governments to make a simple and secure transition to decentralized Web3applications, where large flows of data transactions are managed on time.
The growing ecosystem already includes a VenomWallet, mobile application and desktop browser extension, VenomScan, to keep things transparent with access to transaction history, VenomBridge, to speed up interchain transactions, VenomPools, to deploy assets on Validator nodes and VenomGet, an easy gateway to Venom tokens.
Today, Venom Foundation focuses on the MENA (Middle East and North Africa) region, which is considered to be the cradle of the global adoption of crypto trends.
About HAWEX
HAWEX is an FCA regulated company based in the UK.
The company’s main activity is highly charged financial services, combining fiat payment solutions and cryptocurrencies and the development of SaaS (software-as-a-service) and BaaS (banking-as-a-service) solutions for medium-sized companies and enterprises worldwide with offices in London, Riga & Dubai.
HAWEX’s core products are CeDeFi solutions:
Acquiring – service for accepting payments in fiat currency;
Cryptoprocessing – service for accepting payments in cryptocurrencies;
Crypto fiat card issuance service.
DAO ecosystem
The company’s platform offers mass solutions and offers B2B and B2C services to customers across Europe, Asia, Latin America and the Gulf Region (GCC) countries.
HAWEX provides businesses with a one-stop-shop service on a daily basis that combines all-in-one solutions through a single interface.