1. Impact of Traditional Finance on DeFi
2. The Future of Digital Finance and Chainlink’s Role
3. CCIP and the Future of the Internet

Chainlink founder Sergey Nazarov stated that trillions of dollars from the traditional finance world will flow into the crypto sector through real-world assets. This assertion highlights the potential impact of integrating traditional financial systems with decentralized finance (DeFi), suggesting a significant transformation in how these sectors interact.

Impact of Traditional Finance on DeFi

Speaking at the TOKEN2049 conference in Singapore, Nazarov emphasized that the traditional finance sector will ultimately become the largest client of DeFi. He predicted that real-world assets will surpass the market value of other cryptocurrencies, paving the way for traditional finance’s involvement in the blockchain industry.

The Future of Digital Finance and Chainlink’s Role

Nazarov defined the future of the blockchain industry as one that empowers real-world assets rather than merely serving cryptocurrencies. He articulated that the industry will focus on tokenizing real-world assets through blockchain technology, rather than being limited to digital currencies.

CCIP and the Future of the Internet

He expressed that the Cross-Chain Interoperability Protocol (CCIP) will facilitate the flow of data and value across all networks, becoming one of the essential protocols of the internet. He predicted that CCIP could be key to a new structure known as the internet of contracts and value, provided developments proceed as planned.

Nazarov noted that with efforts from Chainlink and other projects, the integration of traditional financial assets with blockchain is expected to accelerate, strengthening the connection between DeFi and traditional finance while presenting new opportunities. Major players, including BlackRock with its BUILD tokenized bond surpassing $500 million, are also exploring real-world asset integration.