Standard Chartered Sees $10 Price Target for Arbitrum by 2030

Standard Chartered, a leading global bank, has initiated coverage on Arbitrum (ARB) with a $10 price target by the end of 2030. According to Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, this represents a 70-fold gain over current prices and surpasses both Bitcoin (BTC) and Ethereum (ETH).

The bank's projection for Arbitrum is based on its role as enterprise blockchain infrastructure for traditional financial firms. As part of its Expansion Program, Arbitrum collects a rolling fee equal to 10% of net protocol revenue from external chains using its technology stack.

Standard Chartered estimates that Arbitrum will collect approximately $5 million in expansion fees in September alone after Robinhood Chain launched on its tech stack in July. The bank projects that this success will create a template for other traditional finance firms to launch their own chains on Arbitrum, multiplying the fee stream further.

Additionally, Standard Chartered projects that tokenization opportunities will add another layer of growth, with $4 trillion in tokenized assets by the end of 2028 and $750 billion in tokenized equities over the same period. Bitget Wallet has already launched tokenized stocks on Arbitrum, including $rAAPL and $rSPCX, with real volume behind these projections.