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Standard Chartered targets LINK at $200 by 2030 on tokenized finance thesis
The bank initiated coverage, saying Chainlink is positioned to be the underlying network for tokenized finance as the market grows.
Standard Chartered is initiating coverage of Chainlink’s LINK token with a bullish long-term target, calling out the project’s role in tokenized-asset finance.
According to The Block, the bank’s forecast places LINK at $200 by the end of 2030, linking its view to Chainlink’s infrastructure supporting tokenized-asset activity.
The Block reports that Standard Chartered frames Chainlink as the network that can “own the rails” for tokenized finance, positioning the token to benefit if that segment expands.
The coverage also reflects the bank’s broader view that tokenized finance could drive demand for the technology behind the ecosystem, with LINK at the center of that thesis.