Standard Chartered Bank: It is expected that the RWA tokenization scale will reach $2 trillion, with most occurring on Ethereum

ChainCatcher news, Standard Chartered Bank's Head of Digital Asset Research Geoffrey Kendrick predicts in the latest report that the total market value of tokenized real-world assets (RWA), excluding stablecoins, will surge from the current approximately $35 billion to $2 trillion by the end of 2028, an increase of about 56 times.

He expects that "most on-chain activity" will occur on Ethereum, due to its long-term stability and network effects. The report notes that the popularity of stablecoins has paved the way for other asset classes to go on-chain, including money market funds (MMF) and stocks.