Standard Chartered puts a $100 target on Uniswap b
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Standard Chartered puts a $100 target on Uniswap by 2030
A major bank bets on DeFi's next chapter
Standard Chartered (@StanChart) has initiated coverage on @Uniswap with a $100 price target for its governance token $UNI, setting one of the most bullish calls on a decentralized protocol from a tier-one bank to date. Geoff Kendrick, the bank's global head of digital assets research, sees $UNI climbing from under $3 today to $100 by 2030, a roughly 33x return, contingent on a large-scale migration of traditional financial assets onto DeFi infrastructure.
The thesis is grounded in a sweeping projection for the broader DeFi market. Standard Chartered argues the tokenized asset boom could help the DeFi market grow 37-fold from current levels by 2030, with total value locked reaching $2.7 trillion. Kendrick also projects that tokenized assets allocated inside DeFi protocols will expand to 30% of the total, a shift that would represent a fundamental change in how capital markets operate.
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