Tokenized RWA Market to Reach $2 Trillion by 2028: Standard Chartered

Thursday Oct 30 2025 13:40

Duration

2 min

  1. 1. Standard Chartered Predicts $2 Trillion Tokenized RWA Market by 2028

  2. 1.1 DeFi as a Catalyst for RWA Growth

  3. 1.2 Projected Investment Allocation

  4. 1.3 The Role of Stablecoins

  5. 1.4 Significant Growth Compared to Current State

  6. 1.5 Stablecoins Fueling DeFi's Growth Cycle

  7. 1.6 Regulatory Uncertainty Remains a Key Challenge

Standard Chartered Predicts $2 Trillion Tokenized RWA Market by 2028

Investment bank Standard Chartered forecasts a substantial expansion in the tokenized real-world assets (RWAs) market over the coming years. The bank anticipates the market to reach a cumulative value of $2 trillion by 2028. This growth is primarily attributed to the increasing adoption of decentralized finance (DeFi) and the broader integration of blockchain technology into global payments and investment systems.

DeFi as a Catalyst for RWA Growth

In a report released Thursday, Standard Chartered highlighted that the “trustless” architecture of DeFi is poised to challenge the traditional dominance of centralized financial (TradFi) institutions. The rising utilization of DeFi in payments and investments is expected to propel the market capitalization of non-stablecoin tokenized RWAs to an impressive $2 trillion by 2028.

Projected Investment Allocation

Of the projected $2 trillion, Standard Chartered estimates that $750 billion will be allocated to money-market funds, another $750 billion to tokenized US stocks, $250 billion to tokenized US funds, and a further $250 billion to “less liquid” segments within private equity, including commodities, corporate debt, and tokenized real estate.

The Role of Stablecoins

Geoff Kendrick, Standard Chartered’s global head of digital assets research, emphasized the critical role of stablecoin liquidity and DeFi banking in facilitating the rapid expansion of tokenized RWAs. “We expect exponential growth in RWAs in the coming years,” he stated.

Significant Growth Compared to Current State

Reaching a $2 trillion market capitalization would represent over a 57-fold increase for RWAs over the next three years, compared to their current cumulative value of $35 billion, according to data from RWA.xyz.

Stablecoins Fueling DeFi's Growth Cycle

The total stablecoin supply reached a new high of over $300 billion on October 3rd, reflecting a year-to-date growth rate of 46.8%. Kendrick noted that the expansion of stablecoins reinforces the broader DeFi ecosystem.

Regulatory Uncertainty Remains a Key Challenge

Despite the optimistic outlook, Standard Chartered acknowledged that regulatory uncertainty remains a significant threat to the RWA sector. The report cautioned that progress could be hindered if comprehensive crypto legislation is not enacted before the 2026 midterm elections.

Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Default Author Avatar

Written by:

Ava Grace

Asset List

View Full List
Most Traded Commodities Indices Crypto Shares Forex
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now

Latest

View all
tesla earnings q2 2026

Wednesday, 22 July 2026

Duration

11 min

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow
google earnings 2026 q2

Wednesday, 22 July 2026

Duration

11 min

Google 2026 Q2 Earnings: Cloud Revenue Soars 82% as AI Investments Drive Growth Despite Rising Capital Spending
Oil Price Forecast 2026

Wednesday, 22 July 2026

Duration

4 min

Crude Oil Price Forecast for Next Week: Will WTI and Brent Extend Their Rally?

Latest news

gold

Wednesday, 22 July 2026

Indices

Gold Price Today, July 23: Gold Holds Above $4,100 as Oil Rally Limits Gains

tesla earnings q2 2026

Wednesday, 22 July 2026

Indices

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow

google earnings 2026 q2

Wednesday, 22 July 2026

Indices

Google 2026 Q2 Earnings: Cloud Revenue Soars 82% as AI Investments Drive Growth Despite Rising Capital Spending

Fed Rate Decision

Wednesday, 22 July 2026

Indices

Fed Rate Decision Preview: Will the Fed Raise Rates at the July 29, 2026 Meeting?

us-iran-oil

Wednesday, 22 July 2026

Indices

Crude Oil Prices Rise 2% to Six-Week High as US-Iran Tensions Escalate

kospi

Wednesday, 22 July 2026

Indices

KOSPI Jumps More Than 3% as Alphabet’s $200 Billion AI Plan Lifts Chip Stocks

Oil Price Forecast 2026

Wednesday, 22 July 2026

Indices

Crude Oil Price Forecast for Next Week: Will WTI and Brent Extend Their Rally?

bitcoin price forecast

Wednesday, 22 July 2026

Indices

Bitcoin Price Forecast: BTC Slips as Rising Oil Prices Renew Inflation Concerns

palantir-stock

Wednesday, 22 July 2026

Indices

Why Is Palantir Stock Falling? PLTR Slides 6.1% on NHS Scrutiny and Competition Concerns

stock

Tuesday, 21 July 2026

Indices

Stock Market Today: Nasdaq Rises 1.29% as Micron Leads Chip Rally

See all news