Chainlink Tipped for $200 Price Target Amid Tokenization Boom

Standard Chartered has forecasted Chainlink (LINK) to reach a price of $200 by the end of 2030, as tokenized assets are expected to expand over the coming years. The bank's research note estimates that the tokenized-asset market will grow to $4 trillion by 2028, up from about $340 billion today.

The growth in tokenization is driven by institutional adoption, with financial institutions increasingly testing tokenized funds, securities, and settlement systems. Chainlink's infrastructure, including its decentralized oracle networks and cross-chain interoperability protocol (CCIP), connects blockchains with market data, reserves, and messages as traditional assets move onto distributed ledgers.

The bank's Global Head of Digital Assets Research, Geoff Kendrick, stated that LINK will benefit from accelerating tokenization and decentralized finance adoption. However, the forecast comes with risks, including slower institutional tokenization, competition from other providers, regulatory friction, and technical setbacks.