Zand, an AI-powered Fintech and financial services group in the United Arab Emirates has entered into a strategic collaboration with Chainlink Labs, one of the primary contributing developers of Chainlink, the industry-standard oracle platform, marking an important milestone in advancing digital asset innovation across the region.
This alliance will support Zand Bank’s digital asset strategy by drawing on Chainlink’s deep industry expertise and robust suite of services to evaluate how tokenized assets and blockchain-based solutions can be integrated with the UAE’s financial system.
Chainlink’s institutional-grade infrastructure including essential data, interoperability, compliance, and privacy standards has enabled tens of trillions of dollars in transaction value across the digital asset economy. Trusted by leading financial institutions and market infrastructures globally including Swift, Euroclear, Mastercard, Fidelity International, UBS, and ANZ, Chainlink provides the foundational connectivity required to build secure, compliance-focused digital asset infrastructure that seamlessly interacts across blockchains and traditional systems.
As part of this effort, Zand Bank will leverage the Chainlink platform: Automated Compliance Engine (ACE), Automation, Cross-Chain Interoperability Protocol (CCIP) , Data Streams, Price Feeds, Proof of Reserve, and VRF to power next-generation financial applications that enhance the UAE’s digital asset ecosystem.