In a landmark development for Middle Eastern fintech, UAE-based digital banking pioneer Zand has officially integrated with the enterprise-grade XDC Network blockchain. This strategic partnership, announced on January 13, 2026, represents a significant advancement in blockchain-powered financial infrastructure for institutional clients.
The collaboration enables Zand’s corporate and institutional clients to utilize XDC Network for digital asset custody services through Zand’s regulated platform, pending necessary regulatory approvals. This integration facilitates faster, more transparent, and cost-effective financial transactions while maintaining regulatory compliance.
A key application of this technology integration involves revolutionizing gold trading markets through ComTech Gold, which merges traditional gold investment benefits with blockchain technology advantages. This creates enhanced security, transparency, and efficiency in precious metal transactions.
Michael Chan, CEO of Zand, emphasized the transformative potential: “We are entering a new era where blockchain technology serves as the foundation for more efficient and inclusive banking solutions. This collaboration supports our vision of building blockchain-powered financial products that bridge traditional and decentralized finance.”
Ritesh Kakkad, Co-Founder of XDC Network, highlighted the partnership’s significance: “Our collaboration with Zand brings together compliance, innovation, and real-world utility – demonstrating how blockchain technology powers the next generation of global payments and asset tokenization.”
The XDC Network’s ISO 20022 compliance ensures future-proof interoperability and enhanced regulatory alignment, positioning the platform at the forefront of financial technology standards. This development marks a substantial step toward mainstream blockchain adoption in Middle Eastern banking and financial services.