Chainlink has officially launched its Automated Compliance Engine (ACE), a new service designed to accelerate institutional cryptocurrency adoption by integrating regulatory requirements directly into smart contracts.
Built on the Chainlink Runtime Environment, ACE functions across both public and private blockchain networks. Its core capability allows institutions to embed necessary regulatory policies within smart contract workflows, facilitating smoother interaction between decentralized finance (DeFi) and traditional finance (TradFi) ecosystems.
Industry partners, including Apex Group and the ERC-3643 Association, underline the growing demand for blockchain solutions that inherently meet regulatory standards. This collaboration highlights the significance of ACE in addressing compliance needs for institutional players.
Chainlink co-founder Sergey Nazarov emphasized ACE’s critical role in advancing tokenized finance, stating it enables blockchain networks to seamlessly navigate compliance, thereby attracting significant institutional capital seeking regulated environments.
The introduction of ACE is anticipated to foster greater market liquidity and maturity by making regulatory adherence an automated and integral part of blockchain-based transactions.