Standard Chartered is putting a number on the tokenization boom: $4 trillion by 2030. The bank also set a 2030 price target of $200 for Chainlink, one of several DeFi tokens it now covers. Those targets are built on a forecast that decentralized finance will grow 37-fold.
A $4 trillion tokenization forecast
The prediction puts tokenized assets—real-world things like bonds, real estate, and commodities turned into digital tokens—on a steep growth curve. Standard Chartered didn't break down the $4 trillion figure by asset class, but the scale suggests the bank expects tokenization to move from niche experiments to mainstream finance within the decade.
That's a big number. For context, the entire crypto market cap has hovered around $2 trillion in recent years. Tokenization alone, in the bank's view, would double that.
Chainlink's $200 target
Chainlink, the oracle network that feeds real-world data into blockchains, gets the most specific call. Standard Chartered sees the token hitting $200 by 2030. That's a massive jump from current levels, though the bank didn't say what price it's starting from.
The target implies the bank expects Chainlink to be a core piece of the tokenized economy. Oracles are how smart contracts get outside information, so if tokenization grows, Chainlink's role could grow with it.
Other DeFi tokens in the mix
Chainlink isn't the only one. Standard Chartered also set 2030 targets for Uniswap, Aave, and Morpho. The bank didn't disclose those price levels in the summary, but the fact that it's covering them signals a broader bet on DeFi infrastructure.
Uniswap is the largest decentralized exchange. Aave is a lending protocol. Morpho is a newer player in the same lending space. Together, they represent the core of what DeFi does: trading, borrowing, and lending without a middleman.
The 37x growth driver
All these targets trace back to one assumption: DeFi will grow 37 times from where it stands today. That's a bold forecast, and it's the engine behind the price calls. If DeFi grows that much, the tokens powering it would likely see outsized gains.
Standard Chartered didn't explain how it arrived at the 37x figure. But the bank's willingness to publish specific targets suggests it sees tokenization and DeFi as intertwined—and both as winners over the next seven years.
Investors will have to dig into the full report for the price levels on Uniswap, Aave, and Morpho. The Chainlink number is out there, and it's a clear statement of where the bank thinks the market is headed.
