Entire Financial System Headed for Massive Transition: 'BlackRock's Larry Fink Is Right' – Nazarov

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Sergey Nazarov, Co-Founder of Chainlink, who says that all transactions will eventually be on the blockchain. Nazarov points out that being on blockchain will be as important as being on the Internet, adding that the market for on-chain assets is in the hundreds of trillions of dollars. Nazarov discusses tokenization's future, smart contracts, and the potential for decentralized finance (DeFi) to transform traditional financial systems. Nazarov also comments on Ether spot ETFs and predicts where the cryptocurrency space will be in the next three years.

Special coverage of Consensus is brought to you by Diamond Standard → https://bit.ly/DiamondStandardKitco.

Follow Michelle Makori on X: @MichelleMakori (  / michellemakori  )
Follow Kitco News on X: @KitcoNewsNOW (  / kitconewsnow  )
Follow Sergey Nazarov on X: @SergeyNazarov (https://x.com/sergeynazarov)

#blockchain #crypto #tokenization #rwa #investing

00:00 Introduction: Blockchain
03:04 Understanding Chainlink
04:31 The Power of Smart Contracts
07:09 Tokenization Explained
13:38 Ownership in the Blockchain Era
19:07 Winners and Losers
33:24 Regulatory Frameworks and Adoption
34:58 Investment Strategies for Retail Investors
36:49 Political Influence on Crypto Regulation
40:28 Spot Crypto ETFs
42:52 Macro Forces
48:02 Central Banks
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter -   / kitconewsnow  
Instagram -   / kitconews  
Facebook -   / kitconews  
LinkedIn -   / kitconews  
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-toda...
Live silver price and chart: https://www.kitco.com/Silver-price-to...
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.