Chainlink has partnered with the Global Legal Entity Identifier Foundation (GLEIF) to introduce an institutional-grade on-chain identity solution. This collaboration integrates GLEIF's verifiable Legal Entity Identifier (vLEI) with Chainlink's Cross-Chain Identity (CCID) and Automated Compliance Engine (ACE), facilitating automated and privacy-preserving identity verification for digital assets and smart contracts. The new solution aims to help asset issuers, stablecoin providers, and financial institutions comply with global regulatory standards, such as Europe's MiCA, the U.S. FDTA, and FATF guidelines. It enables secure verification of counterparties and tokenized transactions without exposing sensitive data. This announcement comes on the heels of Chainlink's recent integration with SWIFT, contributing to a 4% increase in LINK's price over the past 24 hours.