Standard Chartered Sees $4T Tokenization Driving Chainlink to $200 by 2030
Standard Chartered initiated coverage of Chainlink with a $200 price target by end-2030, implying about 25x upside from roughly $8. The bank sees staged targets of $13 this year, then $41, $82, $133, and finally $200. The thesis rests on rapid growth in tokenized assets and DeFi: tokenized assets are projected to rise to $4 trillion by end-2028, and DeFi assets to $2.7 trillion by 2030. Because Chainlink earns fees from data delivery and cross-chain transfers, the bank expects its fees to grow about 25-fold, with token price following. Chainlink’s large existing footprint is another key support: it secures over $110 billion in value and dominates oracle-dependent DeFi value. The note also highlights growing institutional use and rising demand from tokenized funds and bonds. Main risks are slower-than-expected tokenization, pilots not scaling into production, competition, and technical failures.
