Standard Chartered projects $4T in tokenized assets by end-2028, with DeFi protocols primary beneficiaries
Summary
Standard Chartered predicts that $4 trillion in assets will be tokenized on-chain by the end of 2028, split equally between stablecoins and real-world assets. Geoffrey Kendrick, the bank’s global head of digital assets research, highlights the "composability" of DeFi as the primary driver, noting that on-chain assets can simultaneously serve multiple functions like yielding and collateralization, unlike traditional finance. The report emphasizes that institutional adoption, exemplified by products like BlackRock's BUIDL and integration with platforms like Aave, will favor established, scalable DeFi protocols.
(Source:The Block)