Sergey Nazarov, the co-founder of Chainlink, aims to bring trillions of dollars into the crypto space from traditional banks and financial institutions. Nazarov believes that banks will develop their own blockchains and tokenize real-world assets, leading to the convergence of the traditional financial world with the decentralized DeFi space. The recently launched Chainlink cross-chain interoperability protocol plays a pivotal role in this vision, facilitating the secure transfer of assets between blockchains. This summary delves into the stages of bank adoption, the potential value flowing to crypto, and the factors influencing this transformative shift in the financial landscape.
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