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Standard Chartered Bank has initiated coverage of Morpho for the first time, with a target price of $60.

BlockBeats News, July 1st, Standard Chartered Bank has first time rated Morpho, expecting the project's token price to increase 33x to $60 by the end of 2030, largely driven by the tokenization of traditional financial assets entering DeFi.

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Standard Chartered Bank continues to be optimistic about the development of cryptocurrency. After launching Zodia, it continues to expand its crypto asset custody services to the global market.
Metaco's main product is SILO, which provides custodianship, trading services and the ability to scrip assets for financial institutions.
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