Chainlink founder Sergey Nazarov pointed out the significant new crypto buyer group while eyeing off the next development in the crypto market, real-world asset tokenization.
In a recent interview, Chainlink (LINK) founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique due to the sheer amount of new types of buyers entering the market, which may fast-track the adoption of real-world asset tokenization quicker than the industry initially anticipated.
Speaking to Bloomberg on February 28, Nazarov emphasized that the recent participants in the crypto market extend beyond retail customers who respond to mainstream media coverage of crypto's price fluctuations. He explained that the new buyers come from all sectors of the global financial system:
In October 2023, Cointelegraph reported that the United States government is one of the largest Bitcoin (BTC) holders with over 200,000 BTC. At the time of publication, this is worth approximately $12.4 billion.
