Standard Chartered Sees Chainlink Reaching $200 by 2030 Amid Tokenization Boom
Standard Chartered has initiated coverage of Chainlink (LINK), setting a $200 price forecast for the token by the end of 2030. According to the bank's research, the tokenized-asset market is expected to reach $4 trillion by the end of 2028, up from about $340 billion today.
The bank argues that wider tokenization will require more external data to be delivered securely on-chain, creating a larger market for LINK and its infrastructure. Chainlink provides blockchain networks with external data through decentralized oracle networks and offers cross-chain infrastructure through its Cross-Chain Interoperability Protocol (CCIP).
Standard Chartered's Global Head of Digital Assets Research, Geoff Kendrick, said that the bank expects LINK to benefit from accelerating tokenization and decentralized finance adoption. The report states: 'We expect tokenised assets to grow to USD 4tn by end-2028,' making infrastructure demand central to its case.