Standard Chartered Sees Chainlink Price Soaring 25x by 2030
Standard Chartered has added Chainlink (LINK) to its watchlist, joining Bitcoin and Ethereum. The bank believes that LINK's infrastructure will play a crucial role in the tokenization boom, connecting blockchains with external data and financial systems.
The asset tokenization market is expected to reach $4 trillion by 2030, making growth in this sector a significant catalyst for Chainlink.
Chainlink provides an end-to-end platform supporting tokenized assets across both DeFi and TradFi, with interoperability, compliance, and privacy features. The bank predicts that LINK's price will reach $200 by the end of 2030, representing a 25x increase from its current price of around $8.
Notably, companies such as Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and WisdomTree are already using Chainlink services.