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Chainlink SmartCon: Institutions reveal what is needed for DeFi to take off for real
The SmartCon 2025 conference in New York has just thrown in the towel on a myth: blockchain fragmentation is no longer the problem. Wellington, Fidelity, WisdomTree, and Invesco agreed that the bottleneck is now elsewhere.
What really matters now:
Mark Garabedian (Wellington) was straightforward: integrating on-chain technology with legacy systems is not a technical problem, it is a “technical debt” issue. WisdomTree manages nearly 700M in tokenized real assets and already sees the potential in tokenized money market funds.
Kathleen Wrynn (Invesco) identified the three pillars: stablecoins, tokenized funds, and institutional infrastructure. But here comes the important part: they need inter-industry collaboration and unified standards.
The plot twist: Fidelity is already offering its own yield-generating tokens. While retail continues to speculate with memecoins, institutions are building the on-chain plumbing.
What needs urgent fixing:
Summary: The infrastructure for institutions to invest in blockchain is almost here. The next move is regulatory, not technological. LINK is trading at 12.04 USD.