BITPRISMIA
Standard Chartered has revised its Ethereum price forecast to $25,000 by late 2028, citing Ethereum's technological advancements and growing utility in DeFi and NFTs as key drivers.
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Animoca Brands and Standard Chartered have formed a joint venture called Anchorpoint, along with Hong Kong Telecom, to establish a stablecoin issuer in Hong Kong, aiming to participate in the HKMA's stablecoin sandbox.
Standard Chartered's Geoffrey Kendrick argues that Ethereum treasury firms offer superior returns compared to ETH ETFs due to their ability to engage in staking and DeFi activities.
Standard Chartered predicts that corporations could eventually hold up to 10% of Ethereum's total supply, driven by its growing utility and appeal beyond the crypto-native world.
Standard Chartered predicts Ethereum (ETH) could surpass $4,000, driven by increasing institutional investment shifting from Bitcoin to Ethereum due to its utility in decentralized applications and NFTs.
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Zodia Markets Ltd., the crypto arm of Standard Chartered, secured $18.25 million in funding to expand its institutional crypto services, with strategic investments from Pharsalus Capital, Circle Ventures, and XVC Tech.
Standard Chartered has become the first global bank to offer direct spot trading for Bitcoin and Ethereum, marking a significant step in institutional crypto adoption and enhancing liquidity and legitimacy for digital assets.