- Zand accomplished XDC Community integration for blockchain funds and institutional custody pending UAE regulatory approval.
- Partnerships embrace ComTech Gold for blockchain-enabled gold buying and selling; XDC Transactions adjust to ISO 20022 requirements.
Zand is a UAE-based fintech and digital banking group that makes use of AI and blockchain. XDC to community help Blockchain-powered funds and digital asset storage for company and institutional prospects. The businesses introduced the completion of the merger on Monday in Dubai.
Underneath the settlement, Zand will present institutional-grade digital asset custody for eligible prospects to retailer their property. XDC Community infrastructure. The companions stated the mixing will present enterprise prospects with a sooner, extra clear and cost-effective technique of fee.
We’re happy to announce that @Official_Zand, the UAE’s Al-powered financial institution for the digital financial system bridging TradFi and DeFi, has efficiently built-in @XDCNetwork.
This collaboration will give company and institutional prospects entry to blockchain-powered funds… pic.twitter.com/al2Yaj4DtO
— XDC Community (@XDCNetwork) January 12, 2026
Zand CEO Michael Chan stated the financial institution is constructing monetary merchandise powered by blockchain. This bridges conventional monetary providers and decentralized monetary instruments to help the digital financial system. XDC Community co-founder Ritesh Kakkad stated digital banks and enterprise blockchain platforms can collaborate on funds and settlements. tokenization Companies targeted on compliance and practicality in real-world use instances.
XDC Consolidated goal funds and ISO 20022 alignment
of XDC Community says transactions on its community are designed to adjust to ISO 20022, the monetary messaging normal used throughout funds and securities communications. The companions defined that this normal helps interoperability with present monetary techniques and helps preserve compatibility with regulatory frameworks.
like earlier than lined, ISO 20022 standardizes transaction information and may help automation and operational consistency throughout establishments and funds.
The mixing features a commodity market initiative by way of ComTech Gold, which the companions stated is aimed toward simplifying the method of gold buying and selling markets. ComTech Gold combines conventional gold funding options with blockchain-Base possession and switch data.
He identified that the challenge will permit company and institutional prospects to entry blockchain-powered fee and custody providers on the community.
This initiative due to this fact helps cross-border actions and institutional funds in company treasury and commerce finance workflows. Nevertheless, each companions stated the provision of the service relies on regulatory approval and didn’t present a particular begin date for patrons to entry the custody service.
Moreover, in late December final 12 months, CNF reported What tZERO added XDC Join the community and Algorand to a regulated multi-chain tokenization infrastructure. This replace expands tZERO’s community help past Avalanche, Tezos, and Ethereum, giving issuers extra selection in tokenized securities.
On the time of writing, XDC was buying and selling with $0.04661backside 2.41% Over the previous 24 hours.
