Standard Chartered has initiated research coverage of Sky, the DeFi protocol formerly known as MakerDAO, describing it as the closest thing decentralised finance has to a central bank. The ba
Standard Chartered has initiated research coverage of Sky, the DeFi protocol formerly known as MakerDAO, describing it as the closest thing decentralised finance has to a central bank.
The bank’s global head of digital assets research, Geoffrey Kendrick, set a target of $0.325 for the SKY token by the end of 2028, roughly five times its current level of around $0.065. That figure rests on a chain of conditions, each of which has to hold for the next to matter.
