Cryptocurrency exchange OKX announced that OKX plans to launch spot trading on its platform for Venom Network’s VENOM Token.
OKX to Launch Spot Trading for Venom Network’s VENOM Token
Venom Network has had a tumultuous journey. Venom, which initially presented itself as a Layer 1 blockchain platform regulated by the Abu Dhabi Global Market (ADGM), later abandoned its operations in Abu Dhabi and declared its foundation dissolved.
In particular, the Venom Foundation had previously announced that it had made a significant investment of $1 billion in Web3 companies with Iceberg Capital.
The announcement of OKX’s integration into VENOM spot trading marks a potentially important step for the project as it tries to gain a foothold in the cryptocurrency market despite past difficulties.
*This is not investment advice.
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