‘Owning the rails’: Standard Chartered sees LINK at $200 by 2030 as Chainlink underpins tokenized-asset boom

Standard Chartered has initiated coverage of Chainlink’s LINK token with a $200 price target for the end of 2030, according to a report originally published by The Block. The bank’s thesis centers on Chainlink’s potential role as infrastructure for the expanding market for tokenized financial assets.

The report characterizes Chainlink as potentially “owning the rails” for tokenized finance. Chainlink is a blockchain oracle network designed to connect smart contracts with external data and systems, a function that can be relevant when blockchain-based assets need reliable information or interoperability across networks.

Tokenized assets generally refer to digital representations of financial instruments or other assets recorded on a blockchain. The sector has drawn attention from financial institutions exploring how blockchain technology could support issuance, settlement and administration of traditional assets. Standard Chartered’s long-term LINK target reflects its view that Chainlink could be a major beneficiary if tokenized finance grows.

The $200 target is a projection for 2030 rather than a statement about current market value. It also underscores the bank’s focus on Chainlink’s infrastructure role, rather than solely on token trading activity, as institutions assess potential uses for blockchain-based financial systems.