Uniswap's UNI token could be one of crypto's biggest winners over the next five years if Wall Street's push into tokenized assets continues to accelerate. That is the view of Standard Charter
Uniswap's UNI token could be one of crypto's biggest winners over the next five years if Wall Street's push into tokenized assets continues to accelerate.
That is the view of Standard Chartered, which has initiated coverage of Uniswap and argued the decentralized exchange may be positioned at the center of a rapidly expanding financial system.
The bank's bullish outlook comes as major asset managers and financial institutions increasingly experiment with tokenized funds, stablecoins and blockchain-based settlement infrastructure.
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Standard Chartered's global head of digital assets research, Geoffrey Kendrick, has assigned UNI a $100 price target by the end of 2030, implying roughly 40x upside from current levels.
The bank forecasts UNI reaching $6.50 by the end of 2026, followed by $20 in 2027, $40 in 2028, $65 in 2029 and $100 in 2030.
"This would see UNI outperform both ETH and BTC through end-2030," Kendrick wrote.
According to the report, the value of tokenized assets actively used in decentralized finance (DeFi) could grow 37-fold by 2030, helping drive total value locked across DeFi protocols to roughly $2.7 trillion.
Kendrick argued that Uniswap is uniquely positioned to benefit because of its scale, brand recognition and role as core market infrastructure.
"For TradFi institutions, Uniswap should be viewed less as a retail DEX app and more as market infrastructure that TradFi can integrate with once tokenized assets scale and TradFi operators want to plug them into DeFi," he wrote.
The forecast arrives as several major financial firms deepen their involvement with blockchain infrastructure.
On Feb. 11, BlackRock's tokenized money market fund BUIDL became accessible through UniswapX, while Fidelity recently deployed liquidity from its FIDD stablecoin into Uniswap and Curve pools.
Uniswap has also highlighted tokenized versions of popular equities such as SpaceX, Apple, Tesla and Nvidia becoming available through its ecosystem.
Meanwhile, Citigroup recently projected that the tokenized securities market could reach $5.5 trillion by 2030.
Standard Chartered said those developments support the view that tokenized assets will increasingly rely on decentralized finance infrastructure as traditional financial institutions move more activity onchain.
At the time of publication, UNI traded at approximately $2.70, up about 9% over the past 24 hours.
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