Standard Chartered: RWA market could reach $2 trillion by 2028

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The real-world digital assets (RWA) market could reach $2 trillion by 2028 thanks to a wave of global Capital shifting to more efficient blockchain.

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According to the latest report by investment bank Standard Chartered, the cumulative value of tokenized Real World Assets (RWA) could reach $2 trillion within the next three years, as more and more global Capital flows and payments are shifted to blockchain platforms, which promise transparency, speed and lower costs than the traditional financial system.

The report, published on Thursday and Chia with Cointelegraph, shows that the “trustless” structure of decentralized finance (DeFi) is becoming a formidable rival to traditional finance (TradFi), which is controlled by centralized institutions. Standard Chartered noted that DeFi is expanding strongly not only in the investment sector but also in cross-border payments, creating a foundation for the explosion of RWAs not tied to stablecoins.

RWA – the new pillar of digital finance

The bank predicts that by 2028, the total market value of tokenized RWAs could reach $2 trillion, Chia into several categories:

Mr. Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, commented:

According to data from the RWA.xyz platform, the current total value of RWA is only about 35 billion USD. If the target of 2,000 billion USD is reached, the market size will increase more than 57 times within three years - a record growth rate in the history of digital finance.

Real Story: When “Real” Assets Enter the Digital World

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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