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Standard Chartered sees one crypto asset beating Bitcoin, Ether

Standard Chartered sees one crypto asset beating Bitcoin, Ether

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.

Related: Anthony Scaramucci unveils Bitcoin target for July

Standard Chartered sees Wall Street driving Uniswap growth

Standard Chartered’s global head of digital assets research, Geoffrey…

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