Standard Chartered’s digital-asset research head Geoffrey Kendrick said the market is severely underestimating the collaboration potential between DeFi protocols such as Uniswap and traditional financial platforms, with UNI’s single-day gain expanding to 13.3%. (Background: Robinhood Chain goes live—L2 mainnet officially activated, crypto trading in the UK is on the horizon.) (Additional context: Standard Chartered—2026 is “the year of Ethereum,” with the price potentially reaching $7,500, and in 2030 potentially challenging $40,000.) Standard Chartered digital-asset research head Geoffrey Kendrick said on the 3rd that the market is seriously underestimating the partnership potential between high-quality DeFi protocols such as Uniswap and traditional financial platforms, and predicted that more similar cross-industry collaborations will emerge in the coming quarters, with Uniswap being a core beneficiary. Uniswap moves first: Robinhood Chain fully integrates on day one Just as Standard Chartered made its remarks, on July 2, Uniswap announced on the X platform that Robinhood’s crypto business team has fully launched its layer-2 network, Robinhood Chain, integrating Uniswap V2, V3, V4 and UniswapX protocols. Uniswap becomes the core automated market maker (AMM) on Robinhood Chain, and on the first day it simultaneously supports the Uniswap web interface, the wallet client, and the program interface. This means Uniswap is not just a “partner,” but a foundational infrastructure layer of Robinhood Chain. Kendrick’s view is being rapidly validated by the market—price action shows UNI’s 24-hour gain has widened to 13.3%, currently at $3.15. Kendrick’s argument: the “hidden value” of DeFi protocols is being undervalued According to a report by The Block, Kendrick’s core points are as follows: Uniswap and Robinhood’s collaboration is only “the tip of the iceberg”—the integration between DeFi protocols and traditional financial institutions has only just begun. Over the next few quarters, more similar cross-domain collaborations are expected to come to fruition, especially around Uniswap. Traditional securities brokers are accelerating the incorporation of on-chain trading capabilities into their product lines, and Uniswap is the first DeFi protocol to benefit. This is not the first time Standard Chartered has shown a positive view of Uniswap. Earlier this June, Kendrick set a 2030 price target for UNI at $100, equivalent to roughly 30 times the potential upside from the then-current price. At the time, he noted that Uniswap V4’s hook mechanism and active order book features will enable Uniswap to transform from a “decentralized exchange” into a “DeFi infrastructure platform.” Implications for Taiwan investors Taiwan crypto investors can look at this signal from two angles: Traditional finance entry for DeFi tokens: Uniswap’s growth logic is shifting from being driven by “on-chain trading volume” to being driven by “institutional partnerships.” After Robinhood Chain goes live, UK and European users will conduct their first on-chain trades via Uniswap, meaning UNI’s liquidity sources are expanding from crypto-native to traditional financial users. Standard Chartered’s on-chain positioning: This year, Standard Chartered has already rolled out USDC institutional minting services (launched in Dubai’s DIFC) and made multiple crypto price-target projections, indicating its digital-asset research team is gradually deepening its focus on the DeFi sector. UNI’s current total value locked (TVL) on DEXs is about $2.8 billion, ranking among the top three DeFi protocols. If Standard Chartered’s predicted “wave of partnerships” becomes reality, Uniswap’s next growth phase may come from the on-chain integration of traditional financial institutions, rather than just growth in on-chain trading volume. Related reports Robinhood public chain goes live: L2 mainnet officially enabled, UK crypto trading in sight Uniswap previews its V4 version—what core changes will the new upgrade bring? Standard Chartered: 2026 is “the year of Ethereum,” price could reach $7,500; $40,000 by 2030 Robinhood Chain testnet goes live: built on Arbitrum, designed for tokenization of US stocks and RWA (real-world assets) based on real-world asset scenarios Standard Chartered: a pullback in the coin price hasn’t weakened Ethereum’s fundamentals! Laying groundwork for ETH and Bitmine before the weekend still offers cost-effectiveness. “Standard Chartered issues another buy call on Uniswap: UNI surges 13% in a day, optimistic about collaboration between DeFi and traditional finance.” This article was first published on BlockTempo (Dongqu / Dongqu Trends—the most influential blockchain news media).
