Banks are driven by profit and are creating real world asset tokens. These tokens and stablecoins will increase interaction with crypto and value in public blockchain defi. The goal is for the whole world to run on blockchains, with banks and other financial entities connected to and utilizing them. This presents a huge opportunity for banks to generate assets and offer them on a global market through blockchain technology.
Sergey Nazarov is the co-founder of Chainlink. Chainlink, you might know as the price oracles for DeFi… providing DeFi with the data it needs to know prices. More ambitious than just prices, Chainlink is aiming to become the interoperability layer between all of TradFi and all of DeFi, acting as a gateway between onchain and offchain data. We’re going to explore that vision today on Bankless.