Overview
- Sergey Nazarov says the downturn has not triggered major institutional collapses, contrasting with 2022 even as crypto market cap fell about 44% since October.
- Tokenized real‑world assets grew roughly 300% year over year, according to RWA.xyz, indicating adoption that is not tied to crypto price moves.
- Chainlink confirmed integrations with S&P and ICE to supply pricing data and proof‑of‑reserves for on‑chain RWA markets.
- Nazarov argues scaling RWAs requires links to accounting systems, payment rails and risk platforms along with orchestration and privacy features, which Chainlink positions its Runtime Environment to address.
- LINK is down about 67% since October, while CryptoQuant reports declining exchange balances for the token, and Bernstein frames the selloff as a crisis of confidence rather than a structural breakdown.