NEAR, Infinex Advocate Crypto Interoperability to Boost Adoption
In a fireside chat, NEAR Protocol founder Illia Polosukhin and Infinex founder Kain Warwick highlighted interoperability as key for greater crypto adoption, discussing their collaborative efforts and market outlook.
Top crypto figures outlined their vision for a more seamless digital asset experience, emphasizing cross-chain functionality and lessons from economic cycles during an interview.
Collaboration & Integration
Following successful collaboration, Infinex has integrated NEAR Intents and Chain Signatures. This allows swaps and bridging for non-smart contract cryptocurrencies like Bitcoin, Dogecoin, and XRP across multiple networks.
Reducing Fragmentation
NEAR Protocol aims to reduce the fragmentation in the multitrillion-dollar crypto industry.
Polosukhin likened the user experience challenge to navigating different airport currency exchange booths, calling for simplification and smooth integration comparable to traditional finance.
Infinex’s Warwick stressed its focus on user experience, suggesting they offer features rivaling traditional exchanges and acknowledging the increasing demand for on-chain capabilities.
Views from Crypto Cycles
Asked about navigating crypto market cycles, Warwick emphasized the uniqueness of each cycle, advising caution during bullish phases where overconfidence often leads to mistakes. Polosukhin added the inherent difficulty in predicting market drivers during bull runs.
Analyzing current momentum, both executives highlighted institutional interest, particularly in Bitcoin treasuries and ETH ETFs, as factors sustaining the ongoing bull market. Warwick expressed strong bullishness, linking crypto adoption trends (often short-lived) with the slower uptake patterns seen in traditional finance.
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