- Zand completed the XDC network integration for blockchain payments and institutional custody, pending UAE regulatory approval.
- The partnership includes ComTech Gold for blockchain-based gold trading; XDC transactions are compliant with ISO 20022 standards.
Zand, a UAE-based fintech and digital banking group using AI and blockchain, has completed an integration with the XDC Network to support blockchain-powered payments and digital asset custody for corporate and institutional clients. The companies announced the completed integration in Dubai on Monday.
Under the agreement, Zand plans to offer institutional-grade digital asset custody, which will allow eligible customers to hold assets on the XDC network infrastructure. The partners said the integration will deliver faster, more transparent and cost-effective payment rails for enterprise customers.
We are pleased to announce that @Official_Zand, the Al-powered bank for the UAE’s digital economy, bridging TradFi and DeFi, has successfully integrated the @XDCNetwork.
This partnership will enable corporate and institutional clients to access blockchain-powered payments and… pic.twitter.com/al2Yaj4DtO
— XDC Network (@XDCNetwork) January 12, 2026
Zand Chief Executive Officer Michael Chan said the bank is building blockchain-powered financial products. This will bridge traditional financial services and decentralized financial instruments and support the digital economy. XDC Network co-founder Ritesh Kakkad said digital banks and enterprise blockchain platforms can work together in payment and tokenization services, with an emphasis on compliance and usability for real-world use.
XDC integration focuses on payments and ISO 20022 alignment
The XDC Network said transactions on its network are designed to be compliant with ISO 20022, a financial messaging standard used for payments and securities communications. The partners described that the standard supports interoperability with existing financial systems and helps maintain compatibility with regulatory frameworks.
Like us before covered, ISO 20022 standardizes transaction data, which can support automation and operational consistency across institutions and payments.
The integration includes a commodity market initiative through ComTech Gold, which the partners say is intended to simplify processes in the gold trading market. ComTech Gold combines traditional gold investing features with blockchain-based records for ownership and transfers.
The project noted that corporate and institutional customers will have access to blockchain-powered payment and custody services on the network.
Therefore, the work will support cross-border activities and institutional settlement of corporate and trade finance workflows. However, the two partners did not provide a specific launch date for customer access to the custody offering, noting that the availability of services is subject to regulatory approval.
Moreover, at the end of December last year, CNF reported that tZERO has added XDC Network and Algorand to its multi-chain regulated tokenization infrastructure. The update expanded tZERO’s network support beyond Avalanche, Tezos and Ethereum, giving issuers more options for tokenized securities.
At the time of writing, XDC was trading at $0.04661down 2.41% in the last 24 hours.