Hassan Maishera
Chainlink announced via X on Tuesday that it has now become ADI Chain’s canonical cross-chain solution.
Backed by IHC ($240B+) and an ecosystem that includes BlackRock & Mastercard, ADI Foundation partners with Chainlink to power its strategic initiatives & accelerate tokenization across MENA.
The partnership integrates Chainlink as an infrastructure provider for blockchain services across ADI Chain's ecosystem, including oracle services for stablecoins and tokenized assets. ADI Chain was chosen to host DDSC, a dirham-backed stablecoin initiated by IHC and FAB and licensed by the Central Bank of the UAE.
As part of the partnership, ADI Foundation is integrating Chainlink CCIP to enable secure asset transfers between ADI Chain and major blockchain ecosystems, facilitating institutional-grade cross-chain interoperability. ADI Foundation will also leverage the broader Chainlink platform to power additional initiatives, including:
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Stablecoin Infrastructure: Chainlink's decentralized oracle network will provide price data and support reserve transparency mechanisms for stablecoins hosted on ADI Chain
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Real-World Asset Tokenization: Chainlink's data infrastructure will deliver net asset value verification and offchain connectivity to support tokenized securities and funds across ADI's institutional partners
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Enterprise Data Services: Chainlink's high-frequency market data capabilities will power DeFi applications and institutional trading built on ADI Chain.
The strategic partnership builds upon ADI Foundation's recent collaborations with global financial leaders, including Mastercard, BlackRock, Franklin Templeton, and M-Pesa, positioning the UAE as a central hub for regulated digital asset innovation.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 0.1% over the past 24 hours and is trading at $8.79 at press time.
