Chainlink’s Sergey Nazarov Predicts 'DeFi Returns Through Your Bank' in 2022

[Btceth01]

Speaking at the Solana Breakpoint conference, Chainlink co-founder Sergey Nazarov said DeFi will continue to attract institutional attention.Chainlink co-founder Sergey Nazarov believes that 2022 will see increased institutional adoption of decentralized finance (DeFi).

Speaking with Solana co-founder Anatoly Yakovenko during a virtual fireside chat at the Solana Breakpoint conference in Lisbon, Portugal, Nazarov said that he expects, "a number of enterprises and banks and various existing players to now want to lose their relationship with customers and users and key institutional clients.Specifically, Nazarov said, he envisions that institutional DeFi growth will come via banks and the burgeoning NFT market.

“I expect a number of things to go live around DeFi returns through your bank, or buying NFTs through an existing marketplace, or some existing universe of Web 2.0 tools,” he added.
What’s more, Nazarov predicted there will be “a flow of various collateral on-chain,” meaning new markets for insurance products on-chain. Source