Standard Chartered Sees Chainlink Reaching $200 as Tokenization Grows

Standard Chartered expects tokenized assets on public blockchains to expand rapidly, with Chainlink positioned to benefit as institutions move more assets onchain.

Standard Chartered’s $4 Trillion Tokenization Forecast

Standard Chartered projects tokenized assets on public blockchains will reach $4 trillion by the end of 2028. The forecast includes stablecoins and tokenized real-world assets such as bonds and investment funds, with the two categories expected to account for roughly equal shares.

The bank’s digital assets research team expects the broader DeFi market to grow alongside tokenization. Analyst Geoffrey Kendrick projects DeFi total value locked could increase 37 times to reach $2.7 trillion by 2030.

Kendrick has also set 2030 price targets of $3,500 for AAVE and $100 for UNI as part of the bank’s broader DeFi outlook. The $200 LINK target circulating in market reports, however, appears to be an interpretation of Chainlink’s potential role in the tokenized asset market rather than a standalone target directly published by Kendrick.

Chainlink Positioned for Tokenized Asset Growth

Chainlink has become a key part of the tokenization discussion through its oracle services and Cross-Chain Interoperability Protocol, or CCIP. The technology allows different blockchain networks to communicate and transfer assets across supported chains.

CCIP processed about $18 billion in transaction volume during the first quarter of 2026. Chainlink has also worked with financial institutions on blockchain projects, including cross-border initiatives involving Standard Chartered and tokenization work with Brazil’s central bank.

The potential case for higher LINK demand rests on increased use of Chainlink infrastructure as tokenized assets grow. More assets moving across blockchain networks could increase demand for oracle and interoperability services, although the relationship between network activity and LINK’s value depends on several factors.

Chainlink Target Depends on Tokenization Expansion

The LINK reaching $200 would require sustained growth in tokenized assets and continued adoption of Chainlink infrastructure. Chainlink would also need to maintain its position as competition develops among blockchain interoperability and oracle providers.

Standard Chartered’s broader forecast provides the market backdrop for the LINK discussion. A $4 trillion tokenized asset market by 2028 would create a larger pool of assets requiring blockchain infrastructure, while the projected $2.7 trillion DeFi market by 2030 would expand onchain financial activity.

The bank has also continued expanding its digital asset operations. Its MiCA authorization provides a regulatory framework for offering digital asset services across the European Union, supporting its broader work in institutional crypto and tokenization.

If you want more information, explore fully regulated European crypto exchanges that comply with the MiCA framework.