11th October 2022, Abu Dhabi, UAE: Yoshi Markets Limited (“Yoshi Markets”), today announced that it is renamed as Venomex Limited (“Venomex”). The new name reflects the vision of its promoters and alignment with the Venom Blockchain platform, thereby establishing a solid foundation for building an end-to-end ecosystem for Virtual Assets and Blockchain based services.

Mustafa Kheriba, the Executive Chairman of Venomex, commented: “This is an exciting time for us at Venomex. The new name and brand will further position Venomex as an entity that aims to harness the potential of Virtual Assets and Blockchain in a much more impactful manner. With the new name, we plan to unveil services that will have multi-faceted use cases and benefits for our customers and strategic partners alike.”

On the completion of this initiative, Arshad Khan, CEO of Venomex, commented: “We are extremely happy to announce the new name. As the Virtual Assets landscape is shaping up in the UAE, owing to the clarity of regulations and emergence of multiple ventures in this space, we see the rebranding initiative as the first step towards becoming an end-to-end ecosystem player. I would like to thank the Venomex shareholders and the FSRA for their continuous support and guidance.”