Sky Wee of Sky Venture Labs Announces the Launch of WorldX Ventures
Dubai, UAE, February 9th, 2026, Chainwire
Sky Wee, Co-Founder of Sky Venture Labs, today announced the launch of WorldX Ventures, a venture focused on building modern financial infrastructure for governments that is government-owned, privacy-first, and audit-ready.
WorldX Ventures is developing WorldX, a two-layer framework designed for national-scale public sector financial workflows. At the foundation is a settlement anchor and shared standards layer. Above it, each participating country can deploy its own CountryChain, operated as a permissioned network under that country’s governance and policies.
CountryChain is designed as a permissioned zero-knowledge chain. In simple terms, it can keep sensitive financial activity private by default while still proving that transactions follow required rules. This enables accountability and oversight without forcing broad public exposure of confidential data. Authorized parties can be granted access for audits and supervision when required.
“Governments need modern systems that match real-world requirements like ownership, accountability, and the ability to audit without exposing everything publicly,” said Sky Wee. “WorldX Ventures is building WorldX to help countries adopt digital rails in a practical way, starting with a defined program and scaling over time.”
WorldX is intended to support core government finance needs such as treasury operations, approvals and spending controls, reporting, and digitized settlement workflows for approved financial instruments, based on each country’s policy choices and regulatory requirements.
About WorldX Ventures
WorldX Ventures builds infrastructure designed for government-owned national finance rails. The focus is on modernizing how public sector financial operations can run with stronger controls, privacy protections, and clear oversight.
About Sky Venture Labs
Sky Venture Labs is an innovation and venture building platform that supports the creation and scaling of technology ventures. It is Co-Founded by Sky Wee and Allen Tan Chee Hoe. Sky Venture Labs supports founders with venture building, product development, and go to market execution to help teams move from concept to real world deployment.
Website: https://www.worldx.ventures/