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- ZIGChain has launched its mainnet beta, setting up itself as the first Layer 1 blockchain designed to meet Shariah-compliant financial requirements
- The venture has launched Zamanat, a tokenization platform for Islamic-compliant proper-world resources, alongside a $25 million innovation fund excited by AI integration
- Built on Zignaly’s novel 600,000+ user base, ZIGChain has already secured a $100 million ecosystem fund and partnerships all the plot by the DeFi and RWA sectors
ZIGChain has debuted its mainnet beta, becoming the first blockchain infrastructure tailored to Islamic financial principles whereas integrating AI, DeFi, and tokenized proper-world resources. Alongside the start, it unveiled Zamanat, a platform devoted to compliant RWA tokenization, and a $25 million AI fund to power innovation all the plot by its ecosystem. With solid backing from Zignaly’s novel network and a $100 million fund supporting builders and builders, ZIGChain is targeted on the $4 trillion Islamic finance market with a digital-first manner.
A New Chapter for Religion-Aligned Finance
ZIGChain officially launched its mainnet beta on June 25, marking a predominant milestone in the convergence of blockchain technology and Islamic finance. Co-founder Abdul Rafay Gadit described it as “a predominant step,” emphasizing that the venture is excited by constructing prolonged-time duration, scalable wealth instruments by prioritizing tokenized proper-world resources as the foundation of its ecosystem.
Unlike many blockchains that retrofit financial products into novel networks, ZIGChain has been motive-built to regulate to Shariah guidelines from the outset, incorporating mechanisms to handle away from hobby (riba), crude uncertainty (gharar), and non-permissible investments.
Dubai Summit Unveiled Three Strategic Pillars
At its summit in Dubai earlier this month, the workforce on the back of ZIGChain published three core initiatives designed to form the ecosystem’s pronounce: the start of Zamanat, a Shariah-compliant platform for tokenizing resources esteem sukuk, proper property, commodities, and U.S. equities; the introduction of a $25 million innovation fund excited by synthetic intelligence; and the legitimate timeline for the mainnet beta. These initiatives replicate a broader ambition to assemble a blockchain infrastructure that caters to moral funding wants whereas embracing cutting-edge financial applied sciences.
Slightly than constructing a user base from scratch, ZIGChain is leveraging Zignaly’s network of over 600,000 customers and 150 vetted fund managers, offering the blockchain quick scale and credibility at some level of the crypto funding crew. The platform has moreover drawn financial backing from a $100 million ecosystem fund supported by DWF Labs and reasonably a pair of merchants, with early partners already increasing AI-powered decentralized exchanges, lending instruments, and staking products tailored to the blockchain’s compliance mannequin. This integration of seasoned crypto actors and Islamic financial oversight provides ZIGChain a definite wait on in both crew constructing and institutional alignment.
Merging Ethical Finance with Scalable Technology
ZIGChain’s leadership sees its Layer 1 now not right as a blockchain, but as the infrastructure for an ethical, inclusive, and forward-having a watch financial ecosystem. CEO and co-founder Bart Bordallo famend that the workforce has “built a high-efficiency, interoperable structure that can handle the complex requirements of DeFi, RWA tokenization, and automatic funding protocols at scale,” underscoring their dedication to utter-world utility and regulatory consciousness.
By fusing Islamic values with the promise of tokenized economies and synthetic intelligence, ZIGChain goals to offer a financial framework that’s both spiritually aligned and technologically future proof, presumably transforming how tens of millions of Muslims worldwide engage with digital finance.
