Browsing: DeFi

Standard Chartered (LON: STAN) has opened coverage of Sky, the DeFi protocol formerly known as MakerDAO, with a long-dated bullish view on its governance token. Geoffrey Kendrick, the bank’s global head of digital assets research, put an end-2028 target of $0.325 on SKY—about five times the roughly $0.065 level used in the 11 September 2026…

Tokenized stocks have experienced a remarkable surge, with total value locked (TVL) in decentralized finance (DeFi) venues increasing by 1,960.8% over the past year to reach $247.8 million. This trend, highlighted by the influential account @tokenterminal, underscores the growing demand for tokenized equities in the DeFi space. As liquidity provision and lending generate significant yield…

On September 15, Marcus Hardt, co-founder of Balancer Labs, initiated a proposal on the protocol’s governance forum recommending an “orderly winddown” of the protocol—halting new business development, gradually transitioning liquidity pools to withdrawal-only mode, and ultimately shutting down the protocol.