SAB Chainlink Integration Marks Landmark Progress in Saudi Banking Industry

With over $100 billion in assets, Saudi Aval Bank (SAB) works with Chainlink to develop secure on-chain financial applications, cross-chain transfers using CCIP, and CRE for application development. This move will support Saudi Arabia's "Vision 2030" digital transformation goals, achieving asset tokenization, smart insurance and faster cross-border payments. Despite this news, LINK was trading at $23.17, down 2.11%.