On Wednesday, Chainlink announced via X that it has officially become a fifth council member of Emirates NBD’s Digital Asset Lab. Emirates NBD is a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region.
Following the signing of a Memorandum of Understanding at Abu Dhabi Finance Week, Chainlink will join other founding members, including PwC, Fireblocks, R3, and Chainalysis. The Chainlink standard will help support the adoption of digital assets in the region through verifiable data and cross-chain interoperability.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 30% over the past 24 hours, trading at $28.89.