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In this exclusive interview, crypto.News sits with Vladislav Martynov, an experienced high –tech entrepreneur and blockchain pioneer. Since his early days, co -founding a startup with the parents of the co -founder of ethereum, Vitalik Buterin, until his current role as the managing partner of BR Capital, Martynov shares his trip through the world in evolution of Blockchain and offers information about his future.
CN: Can you present yourself briefly?
VM: I am a high –tech entrepreneur who co -founded my first startup in the late 90s with Dmitry and Maia Buterin, parents of Vitalik Buterin. We begin to sell an innovative business resources planning system. After leaving that company, he pioneered one of the first CRM management solutions and SAAS -based membership in the early era of the cloud. My fascination with disruptive technologies grew, especially after Dmitry introduced me to bitcoin in 2012 and then, in 2014, he shared the vision of his vitalik son for ethereum, a decentralized platform and without permission.
CN: What led you where?
VM: Soon, I joined the Advisory Board of the ethereum Foundation to promote the education of Blockchain and the growth of the developer, co -founding blockgeeks and the ethereum competition center. During the 2016–2017 boom, I advised new selected companies, exploring tokenization and stable, but most failed due to immature technology and markets. This inspired me to create BR Capital, a regulated fund focused on Defi and Web3, where I now work as a managing partner to support new companies and attract global capital with confidence and security.
CN: How do they operate capital? Is there a strategic vision behind the background?
VM: In capital, we combine VC Inght with practical construction: our trade platform of something since 2017 is a testimony of that. The newcomers, including traditional finances, provide interest, but navigate the complex layers of blockchain to achieve the experience of the application stage. VC with deep knowledge are key to implementing capital effectively.
CN: What about the current investment climate for new Blockchain companies?
VM: The investment climate for new Blockchain companies is more attractive now than in past cycles. Regulatory acceptance and institutional adoption exceed retail growth, changing the infrastructure approach to the practical applications of web3 such as markets, rewards and social networks improved by privacy, absent opportunities in previous cycles. technology has matured, with advances such as ethereum layer 2 solutions that relieve the web2 to web3 transition. In addition, younger generations find intuitive cryptographic, similar to postSmart touch screens, while credit cards feel outdated. This mixture makes the current cycle unique for innovation.
CN: What advice would you give to the blockchain startups seeking funds in the current environment?
VM: Past cycles emphasize technology on the product. Now, the founders must prioritize the product, taking advantage of the commercial web3 models while they nail the foundations: clear reasons to change to web3, a strong adjustment of the product market, solid UX and good financial management. Grant to deliver value, not just technology.
CN: Are there specific technologies or initiatives that you are currently seeing?
VM: Yes, several stand out. Improved security to protect proactively against cyber threats, reinforcing resilience. Abstract accounts that simplify web access with safe and easy -to -use digital identities. Zero knowledge tests can allow the collaboration of Dex Banks for privacy preservation, promoting reliable data exchanges. I also admit initiatives that link web2 and web3, such as traditional institutions that adopt crypt and defi, or web3 applications that improve web2 UX with models such as gamefi. Our investment in Pave Bank reflects this: its Pavenet layer integrates third -party services in a regulated banking environment, taking advantage of Defi's programability for the administration of money without problems.
CN: How do you think traditional financial institutions are adapting to Defi, and what role will regulation play?
VM: The initial steps include offering encryption accounts, as Revolution has successfully done, although Defi Integration is delayed. Next, the banks could use dexs for low -cost swaps, bet (for example, 4 % performance) and loans (for example, 10 %+), overcoming traditional interest rates, often zero in commercial accounts despite rates. Pave Bank and hopefully Revolution are looking at this. Regulation will shape competitiveness: efficient and centered banks will prosper; Oscarpes and expensive will hesitate.
CN: Does any chance of collaboration between Defi and Tradfi prevesga?
VM: Banks could integrate the defi services into cryptographic accounts, as noted in Q14. Traditional players can token real world assets (for example, real estate, basic products) for DEFI protocols, allowing fractional property and dexs trade, diversifying investment options. Blockchain could also boost the safety and transparency of traffici, unlike centralized systems such as Bybit, which they hesitate during hacks, or traditional finances, frozen by events such as buffet's Sell-Off or the 2008 crisis, Defi and crypto remain resistant.
CN: How do you see the regulatory climate in the following cycle, particularly with respect to the position of the new Trump administration towards cryptography?
VM: Global regulators have resisted cryptography, with only smaller nations that explore progressive laws, distrust US domain. Recently, both Biden and Trump moved to the Pro-crypto positions, promoted by young voters in technology (25-30) who prefer web3 and find intuitive cryptography. Traditional financing now sees blockchain as the future Internet, unstoppable in adoption. Trump's personal experience with censorship, reinforced by his family expert in blockchain, feeds the genuine intention of leading this revolution, unlike Biden's political axis. His team, including the stranger of the Government's efficiency department, Elon Musk, and appointed crypto Tsar David David Sacks, points out legislation such as asset token and the integration of Defi. Together with the recent news of the bitcoin strategic reserve and the clarity about the regulation of digital assets, I hope a more bass support approach, it is unlikely to get worse from here.
CN: Finally, how could changes in policies affect the growth and adoption of blockchain technology in the United States already worldwide?
VM: As I mentioned, the radical perspectives in favor and against Blockchain are softening and approaching, which leads to better discussions about token, efficiency and transparency of the financial system.
I also believe that as soon as the United States increases the amount of the National Reserve in Bitcoins and creates a considerable reserve of cryptography assets, there will be a domino effect: other countries will continue in the same direction. Many countries in Latin America, the Middle East, Africa and even Europe have been waiting for more details of the Trump administration and the SEC.
The volatility of current prices in markets is a short -term chaos. Inevitable given the sudden change to very different policies in the United States, with coins of political memes, unclear policies on rates, revenge rates, etc. You need time for everything to calm down. In the medium term, I am extremely optimistic at the end of 2025, at which time we will have lighter policies already long term beyond that.