On Tuesday, Chainlink Labs announced via X that it is expanding its presence in the MENA region, including setting up an office and establishing an entity in Abu Dhabi under the Registration Authority of ADGM.
Chainlink Labs plans to utilize its local presence to expand its network of strategic partnerships with financial market infrastructures and financial institutions, better serve its global ecosystem, and further expand the global footprint of the Chainlink standard.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 2% over the past 24 hours, trading at $22.37.