Standard Chartered projects Chainlink's LINK token reaching $200 by end-2030, implying roughly 24 times upside from current levels around $8.22, according to a research note released today by the bank's commodity strategist Geoff Kendrick.
The price target hinges on tokenized assets expanding to $4 trillion by 2028, a trajectory the bank says would require Chainlink's oracle infrastructure to underpin settlement and pricing across decentralized finance platforms. Kendrick's thesis frames Chainlink as "owning the rails" of token-based asset systems, with the network's validators essential to market-wide growth in on-chain finance.
Standard Chartered's $4 trillion tokenization estimate by 2028 sets a specific numerical anchor for the long-term thesis. Current tokenized asset volumes remain in the tens of billions; reaching that scale would require adoption across real-world assets, equities, bonds and commodities on public blockchains at a pace not yet seen in the sector. Kendrick's framework ties Chainlink's utility as a price-feed provider and settlement network to ownership stakes as institutions move trillions into tokenized form.
Chainlink operates a decentralized oracle network, with node operators earning fees for supplying data to smart contracts. Banks and institutional platforms attempting to tokenize traditional assets rely on price feeds and settlement confirmations that Chainlink's network supplies; the broader the migration to on-chain assets, the higher the aggregate demand for Chainlink's services becomes.
Standard Chartered does not claim certainty for the timeline or the asset-growth figure. The bank has itself launched tokenized asset platforms and funds settling over distributed ledgers, and has a direct financial interest in tokenization adoption. Kendrick's projection joins other institutional forecasts on blockchain adoption, though most remain speculative given the sector's regulatory and technical constraints.
The $200 target ranks among the first long-dated price targets for an infrastructure token from a tier-one bank, tied to an explicit adoption scenario rather than pure speculation. If tokenized assets reach $4 trillion by 2028, the resulting demand for Chainlink's oracle services would determine whether the bank's price model holds. The figure that decides this thesis is whether third-party data on tokenized asset volumes by late 2028 confirms the $4 trillion milestone or falls materially short.
