Saudi-based Oumla Blockchain, a Layer 1 blockchain platform designed for seamless multi-chain application development and secure vault infrastructure for digital assets, has announced a strategic partnership with Chainlink, the leading provider of onchain finance, verifiable data, and cross-chain interoperability solutions.

Oumla Integrates Chainlink’s Standard for Compliance-Focused Blockchain

In a recent announcement on X (formerly Twitter), Oumla revealed its integration with Chainlink’s technology on OumlaChain, a compliance-driven permissioned blockchain in Saudi Arabia.

“We are pleased to announce that Oumla is partnering with Chainlink and adopting the Chainlink standard on OumlaChain, a compliance-focused, permissioned blockchain in Saudi Arabia.” – Oumla on X.

This collaboration aims to empower enterprises, financial institutions, and government entities by incorporating Chainlink SmartData into OumlaChain, aligning with Saudi Arabia’s digital transformation strategy.

Chainlink’s Role in Global Blockchain Infrastructure

Chainlink Labs, the core development team behind Chainlink, is at the forefront of decentralized finance (DeFi) and blockchain interoperability. It has facilitated over $17 trillion in transaction value and is utilized by major financial institutions, including:
✅ Swift
✅ Fidelity International
✅ ANZ Bank
✅ Aave, GMX, and Lido

By integrating Chainlink’s SmartData solutions, OumlaChain will provide businesses with secure, reliable, and tamper-proof data feeds, ensuring seamless blockchain adoption across industries.

Oumla’s Expanding Presence in Saudi Arabia’s Blockchain Ecosystem

Before this partnership, Oumla joined forces with Avalanche Blockchain to develop Saudi Arabia’s first fully localized Layer 1 blockchain, hosted entirely within the Kingdom.

At the time, Oumla stated:
“This collaboration will support startups and SMEs, driving technological innovation across Saudi Arabia and the MENA region. We’re paving the way for growth and innovation aligned with Saudi Vision 2030, bringing a secure, locally hosted blockchain platform closer to home.”

This initiative aligns with Saudi Vision 2030, aiming to position the Kingdom as a global leader in blockchain technology.

VC Support & Accelerator Programs for Oumla

Oumla has garnered strong backing from Adaverse, a venture capital fund and Web3 accelerator headquartered in Saudi Arabia. Adaverse has been instrumental in nurturing the Web3 ecosystem in the Kingdom, having funded 54+ blockchain startups across Asia, the Middle East, and Africa.

Additionally, Outlier Ventures, a global blockchain accelerator, has selected Oumla for its Spark accelerator program, further validating Oumla’s potential in shaping the future of digital assets in the region.

Chainlink Expands Its Footprint in MENA

Chainlink has been strengthening its presence in the Middle East and North Africa (MENA) region. In December 2024, Chainlink Labs established an entity in Abu Dhabi, operating under the Registration Authority of ADGM (Abu Dhabi Global Market).

Moreover, UAE’s Emirates NBD, a major banking institution in the Middle East, North Africa, and Türkiye (MENAT) region, onboarded Chainlink as the fifth council member of its Digital Asset Lab, signifying growing institutional adoption of blockchain technology in the Gulf region.

Final Thoughts

Oumla’s partnership with Chainlink and previous collaboration with Avalanche mark a significant milestone in Saudi Arabia’s blockchain innovation journey. By leveraging Chainlink’s industry-standard solutions, OumlaChain is set to become a key player in the Kingdom’s blockchain infrastructure, driving compliance, security, and enterprise adoption.

As Saudi Arabia continues to embrace blockchain and Web3 technologies, partnerships like these will be crucial in accelerating digital transformation and fostering a decentralized, interconnected economy.