STANDARD CHARTERED JUST PUT A $10 TARGET ON ARB.
Standard Chartered has just begun putting ARB into the scope of its research and set a $10 target for the end of 2030, up from roughly $0.14 at present.
The main thesis is that Arbitrum could benefit from the Robinhood Chain and the wave of traditional financial institutions moving assets onto the blockchain. The bank forecasts that tokenized assets could rise from about $340B to $4T by the end of 2028.
But there’s one thing to note: ARB holders do not currently receive revenue directly from Arbitrum. Standard Chartered also lists risks such as tokenization happening more slowly than expected and competition from other blockchains.
$10 is a forecast, not a guarantee. What do you think?
#Arbitrum #StandardChartered
$ARB
Standard Chartered has just begun putting ARB into the scope of its research and set a $10 target for the end of 2030, up from roughly $0.14 at present.
The main thesis is that Arbitrum could benefit from the Robinhood Chain and the wave of traditional financial institutions moving assets onto the blockchain. The bank forecasts that tokenized assets could rise from about $340B to $4T by the end of 2028.
But there’s one thing to note: ARB holders do not currently receive revenue directly from Arbitrum. Standard Chartered also lists risks such as tokenization happening more slowly than expected and competition from other blockchains.
$10 is a forecast, not a guarantee. What do you think?
#Arbitrum #StandardChartered
$ARB
