ChainLink is a prominent, decentralized Oracle ecosystem that provides real-world data for blockchain-based smart contracts, and is partnered with Swift and Gleif. The partnership focuses on launching the VLEI hackathon, catalyzing regulatory blockchain-related solutions by using Chainlink’s cutting-edge automatic compliance engine (ACE) and verifiable corporate identifier (VLE) mechanisms. The platform revealed details of the development in a recent social media post shared on X.
We look forward to working with Swift (@swiftCommunity) with @gleif from VLEI Hackathon to accelerate the global adoption of compliant digital assets.
With hundreds of trillions of value poised to move on-chain, digital assets are…pic.twitter.com/m33mnadowd
– ChainLink (@ChainLink) July 14, 2025
ChainLink is a partner with Swift and Gleif, launching vlei Hackathon to strengthen its compliant assets
As part of our collaboration with Swift and Gleif, ChainLink will promote chain-compliant assets. Swift is an open standard for providing financial information to the financial business. Additionally, Gleif is a non-commercial platform for managing global corporate identifier mechanisms. The purpose of the partnership with these two entities is to conduct a VLEI hackathon. Each effort seeks to catalyze efficient blockchain solutions that comply with regulations.
In this regard, the development utilizes Gleif’s newly introduced automatic compliance engine (ACE) of chain links and verifiable corporate identifiers (VLEI) mechanisms. Currently, impediments from regulatory authorities dealing with identity verification and money laundering (AML) have slowed the systemic momentum and are aware of customer (KYC) regulations. Therefore, through this partnership, ChainLink strives to resolve each bottleneck. To that end, it incorporated the identity of a trustworthy legal authority into its blockchain mechanism through VLEI.
The ChainLink Ace Forum offers a modular solution that provides privacy that links current financial compliance mechanisms with blockchain. In addition to this, it enables real-time policy enforcement while ensuring identity management, along with observations of dynamic compliance in private and public blockchains. The key objective of this platform is to develop chain-on-chain applications that embed compliance and identity. Separately, participants will be allowed to develop solutions that meet regulatory needs while enabling seamless interactions between diverse digital asset platforms.
Promote blockchain innovation by promoting compliance asset transfers
According to ChainLink, VLEI Hackathon is taking into account the rising demand for tokenized financial assets. Therefore, with this initiative, Vleis and ChainLink provide the basis for the transfer of compliance of digital assets around the world. Furthermore, Hackathons also highlight a notable move to unlock institutional capital. Increase blockchain innovation.
