Standard Chartered Sees $10 Price Target for Arbitrum by 2030

Standard Chartered has initiated coverage of Arbitrum's (ARB) token and set a price target of $10 by the end of 2030, representing a 70-fold increase from its current level. The network is expected to benefit from the growing use of blockchain infrastructure by traditional financial firms.

The bank's Global Head of Digital Assets Research Geoff Kendrick highlighted Arbitrum's role as an enterprise infrastructure provider, helping traditional financial institutions move assets onchain. Under the Arbitrum Expansion Program, the network receives a rolling fee equal to 10% of net protocol revenue from external chains using its technology stack.

Kendrick noted that the early success of Robinhood Chain has increased the probability of similar TradFi chains launching via the Arbitrum tech stack, which would raise the likelihood of future AEP fees. The bank estimates Arbitrum will receive about $5 million in AEP fees in September at the current run rate.

The valuation case also rests on the expansion of tokenized assets, with Standard Chartered projecting them to reach $4 trillion by end-2028, up from roughly $340 billion. Tokenized equities could grow in tandem to $750 billion over the same period.