Dubai, United Arab Emirates, January 7th, 2025, Chainwire Zand , the UAE’s first fully licensed, AI-powered digital bank, has announced a collaboration with Klickl International (Klickl), a forward-thinking Web 3.0 Open Finance platform headquartered in the UAE. This collaboration highlights that Klickl's aims to elevate its operations by utilizing Zand’s comprehensive banking products and innovative solutions. Zand recently announced that it is the first UAE bank to launch digital asset custody services under its license, after receiving approval from the Virtual Asset Regulatory Authority. Zand provides institutional-grade security for digital assets, supporting clients in the evolving digital economy. The launch of Zand’s AED-backed stablecoin will strengthen its integration of TradFi and DeFi, reflecting its focus on digital asset services. By leveraging Zand’s banking products and solutions, Klickl aims to streamline its business processes, optimize financial management, and drive innovation within the Web3 ecosystem. This collaboration underscores Zand’s dedication to integrating advanced technology with financial services to meet the evolving demands 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. This partnership with Zand creates new opportunities for businesses and consumers, advancing innovation in the industry." This collaboration is a testament to the synergy between Zand’s financial expertise and Klickl’s innovative approach to Web3.0 technology. Together, they aim to develop technological advancements and customer-focused solutions that support the evolution of digital finance. About Klickl Klickl , founded in 2017 and headquartered in the UAE, is a leading Web3 open finance platform in the MENA region. It provides a range of services, including banking, digital payments, and crypto trading, to facilitate seamless entry into Web3. Supported by the UAE government and licensed by Abu Dhabi’s ADGM, Klickl aims to create a global stablecoin ecosystem that bridges digital and traditional finance. For more information, please visit: www.klickl.com | X | LinkedIn | Facebook For collaboration inquiries, users can reach out at: marketing@klickl.com About Zand Zand, the UAE’s first fully licensed, AI-powered digital bank, was founded to support the digital economy and bridge the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi). Zand focuses on supporting the digital economy by leveraging AI, Blockchain Technology, and client-centric solutions to empower corporate, institutional, fintech, and wealth clients to thrive in the evolving digital economy. Zand aims to empower innovators, ambitious leaders, and bold pioneers to shape the future of finance and unlock new opportunities for success. Zand combines the speed and flexibility of a fintech, with the security and strength of a fully licensed bank. Zand, the AI-powered bank for the digital economy: For more information, users can visit www.zand.ae . For media inquiries, users can email: media@zand.ae ContactChief Marketing and Operations OfficerIvyKlicklmarketing@klickl.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
