Hassan Maishera
Chainlink announced via X on Monday that Aave is adopting Chainlink's Automated Compliance Engine (ACE). Chainlink ACE serves as a modular compliance layer that verifies policy and identity data at the transaction level, allowing Horizon to enforce issuer and regulatory standards onchain.
With Chainlink ACE, Horizon is able to support secure and compliant-focused tokenized asset markets, creating new opportunities for regulated institutions to participate in DeFi.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 5.2% over the past 24 hours and is trading at $14.69 at press time.
Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $196.50 per token, down 7% in the last 24 hours.
