Abu Dhabi–based Venom Foundation has fully integrated the ChainConnect protocol to offer what it calls institutional-grade, intermediary-free cross-chain transactions. The integration enables atomic swaps between Threaded Virtual Machine (TVM)-compatible networks, including Venom itself, TON, Everscale and Hamster Network, and EVM chains, allowing tokens to move as single, indivisible operations that either complete in full or revert without partial settlement.
The move positions the network to handle tokenized asset transfers for clients with the highest security requirements, such as central banks and sovereign wealth funds, because it removes custody risks associated with third-party intermediaries. ChainConnect’s approach to TVM–EVM interoperability has been documented in ecosystem writeups and project pages describing how it links TVM networks with Ethereum-compatible chains.
Venom’s pitch contrasts sharply with the architecture of large modular bridges. Protocols like LayerZero and Axelar have emphasized wide network reach. LayerZero supports more than 150 networks in practice and Axelar dozens more, but their verification models rely on external oracle/relayer or validator sets. Critics have likened LayerZero’s earlier design to a 2-of-2 oracle/relayer model, while Axelar uses a PoS validator consensus that requires broad validator attestation (commonly described as roughly two-thirds) to verify cross-chain events. Venom says atomic swaps eliminate that particular attack surface.
On the technical side, the ChainConnect integration is built to move major assets natively between TVM and EVM ecosystems: wrapped BTC and ETH, USD-pegged stablecoins such as USDT and USDC (with the ability to pay fees in any supported currency), and native TVM tokens that can share liquidity pools. Venom also points to its mesh architecture with dynamic sharding as the performance foundation: stress tests and documentation show the network operating at the 150,000+ transactions-per-second level with sub-second finality, and the foundation’s materials and industry coverage underline that throughput milestone.
Cost and UX are also part of the sales pitch. Venom says gas is charged at 100 nanoVENOM per unit, fractions of a cent per operation, and that ChainConnect transfers benefit from an “invisible fees” option that lets enterprises pay in stablecoins or other on-chain currencies to avoid fee friction. The foundation argues this results in lower latency and far smaller fee overhead than some modular bridge arrangements, where network consensus and multi-party verification can add minutes and additional cost to busy transfers. The 100 nanoVENOM figure and the invisible-fees mechanism come from Venom’s integration notes and the technical brief provided with the ChainConnect rollout.
Liquidity metrics underline growing market engagement. As of February 2026, VENOM’s 24-hour trading volume sits in the roughly $2–3 million range across Bybit, Gate.io and KuCoin, and the project’s tokenomics allocate 10 percent of the 7.2 billion supply to market liquidity, another 28 percent to ecosystem incentives, and 22 percent to community rewards. Venom expects the new cross-chain rails to expand VENOM’s utility for fees, governance and staking while bringing more liquidity providers into reward programs that facilitate transfers.
“Cross-chain security for institutional clients isn’t about the number of connected networks, it’s about trust architecture,” comments Christopher Louis Tsu, CEO of Venom Foundation. “When a central bank tokenizes billions of dollars in assets, it cannot accept custody risks inherent in intermediary-dependent bridges. Our atomic swaps completely eliminate this attack surface while maintaining speed and cost efficiency.”
The foundation frames ChainConnect-backed swaps as specialized infrastructure for high-volume, regulated transfers, a complement to retail-focused bridges rather than a wholesale replacement. Venom presents itself as a fintech platform built to host fiat-backed stablecoins, central bank digital currencies and real-world asset tokenization projects, including carbon credits, and to meet compliance and uptime needs of national and international enterprises. For readers who want to dig into the technical documentation or the ChainConnect spec, Venom’s public pages and ChainConnect’s project site provide the detailed protocol notes and supported-asset lists that underpin the integration announcement.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more