Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
CoinDesk·
60-second summary
Morpho is poised to scale as a DeFi infrastructure play, according to Standard Chartered, which initiated coverage with a $60 end-2030 price target. The bank highlights Morpho's DeFi lending and onchain infrastructure businesses as key beneficiaries of tokenization growth, expecting significant expansion in this space as more assets transition to digital formats.
The bank initiated coverage of Morpho with a $60 end-2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit from tokenization growth.