Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
Bullish-17.81%
1 Jul, 13:46
Source: CoinDesk
AI Summary
Standard Chartered initiated coverage on Morpho with a $60 end-2030 price target, citing its DeFi lending and infrastructure positioning for tokenization growth.
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.