RWA Token Market Predicted to Expand 60-Fold by 2028, 'Mostly on Ethereum' According to Major Bank Analysis

Experts at Standard Chartered Bank predicted on the 30th that the market for tokenized real-world assets (RWA), excluding stablecoins, will surge from the current approximately $35 billion to $2 trillion by 2028, a report covered by international media states.

Jeffrey Kendrick, the bank's digital asset analyst, stated in the report that 'stablecoins have built a foundation through increased recognition, liquidity, and on-chain lending, enabling other asset classes, from money market funds to tokenized stocks, to transition to blockchain on a large scale.'

Mr. Kendrick further noted that this activity...