StanChart: Tokenized Asset Market to Hit $2T by 2028, Dominated by Ethereum

Standard Chartered Bank has issued a bullish projection for the tokenization of real-world assets (RWAs), forecasting the market will grow from $35 billion to $2 trillion by 2028.

The bank’s digital assets research head, Geoffrey Kendrick, expects Ethereum to host the “vast majority” of this activity, citing its unmatched reliability over newer, faster chains.

The report predicts tokenized money-market funds and listed equities will lead the charge, each projected to be a $750 billion market. Tokenization converts physical assets into digital tokens on a blockchain, making them easier to trade and settle across borders.