Venomex has chosen to be based in ADGM, Abu Dhabi, UAE because of the enlightened virtual asset regulatory framework, rapidly growing virtual asset industry in the region, concentration of global financial institutions and a trusted regulatory regime.
Venomex expects to bring in virtual asset holders, partnerships, additional technology opportunities and related strategic investment via their comprehensive ecosystem in the blockchain space.
The Venomex team with 125 years of combined expertise in the exchange industry, is led by its CEO, Arshad Khan, a highly respected veteran in the regulated exchange space having setup up 4 exchanges in the region and India.
Venomex’s leadership team operates under the guidance of its Executive Chairman – Mustafa Kheriba, a seasoned Investment Banker, who has spearheaded some of the leading financial services companies in the region.
The vision of Venomex is to be the leading institutional grade virtual assets exchange and custodian in the region and a major player globally with a fully integrated ecosystem which will allow it to become a preferred venue for virtual assets listing, trading and settlement with associated custody, depository and data services.
It will ultimately act as a bridge, aggregating virtual assets activity across the MENA region, linked to other major virtual asset centres around the world.
Venomex strives to create infinite opportunities for its clients to trade and invest using its products and services offered. We ensure that we conduct our business with utmost Transparency, exceptional Technology capabilities and high Trustworthiness.
The current global virtual assets landscape has several challenges. Venomex plans to address these challenges with a robust technology which is proven & trusted and professional team that have established and managed several financial exchanges.
Venomex’s initial product plan is crypto-to-fiat and crypto-to-crypto trading and providing its customers in-house Custody services.
The most challenging part of the virtual assets market is its unregulated nature. Many international institutions are keen to enter into virtual assets market but are concerned due to uncertainties caused by the lack of regulation.
Venomex has resolved the problem through its full-fledged, regulated ecosystem that offers transparency, security and a marketplace with all necessary elements including custody, settlement and wallet services would encourage the corporates and institutions in the region to diversify into virtual assets and expand their portfolio.