Chainlink co-founder Sergey Nazarov recently revealed that his project is in talks with almost every major financial institution in the US, Asia, and the Middle East.
Global Expansion and Institutional Interest
Nazarov shared in a YouTube video that Chainlink has been busy over the past year, engaging with top financial players across the globe. He highlighted significant progress in Asia and the Middle East last year, followed by a major push into the US this year, driven by evolving regulations. While he couldn’t name names due to non-disclosure agreements (NDAs), he confirmed that Chainlink is in various stages of discussions with nearly all the leading institutions in these regions.
Why Chainlink?
According to Nazarov, these institutions are looking for a comprehensive solution—one that’s already widely adopted by other top players, and offers features like identity verification, data connectivity, and system orchestration. He believes Chainlink is the only system currently meeting these high standards.
Current Market Performance
At the time of writing, Chainlink (LINK) is trading at $14.50, showing a 5.5% increase over the past 24 hours. It currently holds the 16th spot by market capitalization.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
/p>
