Chainlink has launched ACE, a unified on-chain compliance standard for digital assets integrating identity, policy, and access control on blockchain.
ACE is built on Chainlink's Runtime Environment (CRE) and supports standards like vLEI, ERC-3643, and CCID, allowing financial institutions to migrate digital assets on-chain without compromising compliance.
The technology automates interaction between regulated parties, from token creation to access control and compliance enforcement, minimizing manual verification and data disclosure.
Institutional partners like Apex Group and GLEIF have already implemented ACE for token issuance and legal entity identification, showcasing its potential in institutional use cases and regulatory compliance.