Klickl International Partners with Zand Bank for Digital Asset Innovation

by News Desk 7 months ago Banking&Finance Klickl

This collaboration leverages Klickl's Web3 expertise and Zand's banking solutions to create new opportunities.

Zand, the UAE's first fully licensed, AI-powered digital bank, has announced an innovative partnership with Klickl International (Klickl), a cutting-edge Web 3.0 Open Finance platform based in the UAE. This collaboration underscores Klickl's strategic move to enhance its operations by leveraging Zand's advanced banking products and forward-thinking solutions.

Pioneering Digital Asset Custody Services

Zand recently became the first bank in the UAE to launch digital asset custody services under its license, following approval from the Virtual Asset Regulatory Authority. This milestone enables Zand to offer institutional-grade security for digital assets, empowering clients to thrive in the rapidly evolving digital economy. Additionally, the upcoming introduction of Zand’s AED-backed stablecoin will solidify its role in bridging traditional finance (TradFi) and decentralized finance (DeFi), further cementing its leadership in the digital asset sector.

Klickl’s Vision Aligned with Zand’s Expertise

By adopting Zand’s suite of banking products and solutions, Klickl aims to streamline its operations, enhance financial management, and foster innovation within the Web3 ecosystem. This partnership highlights Zand’s commitment to integrating cutting-edge technology with financial services to address the dynamic needs of the digital economy.

Michael Chan, CEO of Zand, commented: “We are pleased to announce our collaboration with Klickl International, aligning with the UAE's bold vision to accelerate the digital economy. At Zand, we are dedicated to delivering seamless and secure banking experiences through continuous innovation, forward-thinking, and a client-first approach.”

Michael Zhao, CEO of Klickl International, added: "Partnering with Zand Bank marks a pivotal moment in our journey towards reshaping the digital finance landscape. With Zand's support, we are unlocking new possibilities for businesses and consumers, driving meaningful change in the industry."

Shaping the Future of Digital Finance

This collaboration exemplifies the synergy between Zand’s expertise in financial services and Klickl’s pioneering approach to Web3 technology. Together, they are setting new standards for technological innovation and customer-focused solutions, shaping the future of digital finance and driving the evolution of the financial landscape.

Login for Writing a comment

Comments

Related Post