In this article: Sergey Nazarov, co-founder of Chainlink, believes the size of the real assets market will surpass the cryptocurrency market.
Sergey also said that #Chainlink has the critical infrastructure needed to develop RWAs and will eventually become the industry standard. Chainlink has many RWAs, including tokenized gold, art and real estate, and projects such as Artory and RealT have already launched online.
Chainlink co-founder Sergey Nazarov recently shared his thoughts on the real assets industry and how it could eventually surpass the size of the #cryptocurrency market. Sergey also believes that Chainlink's technology and its widespread use in RWAs will help create industry standards.
Sergey focused on investment products such as stable coins, gold coins and other commodity coins like RWAs. The #Chain Link co-founder said that all assets can increase the potential of RWA to add value to offline assets.
Serghei previously said that rwa has overtaken #DeFi in terms of total blockchain assets. The Chainlink co-founder pointed to the trillions of real assets that could be tokenized to increase value on the blockchain. Sergey argued that only a small fraction of these assets, including real estate, treasury securities, etc. , are in the form of RWAs.
the Chainlink co-founder noted the efforts of large organizations, including BlackRock and Fidelity, to participate in tokenizing real assets. Sergey also said that with rwa, the organization can provide a great format for secure and transparent asset ownership with a fast chain of transfers.
Zac Porconi, an analyst at Galaxy, noted that Rwa is contributing to DeFi. Researchers noted that RWA's presence in DeFi is growing rapidly. In 2023, 9.30 their TVL will reach 2.5 billion pounds.
Zach Raines, a communications specialist in the Chainlink community, called DeFi an extremely speculative market, referencing Vitalik Buterin's previous statement about DeFi.
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