Standard Chartered Bank expects the size of on-chain tokenized assets to reach $4 trillion by the end of 2028.

CoinFeed reported on May 18th that Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that the total size of on-chain tokenized assets is expected to reach $4 trillion by the end of 2028, with stablecoins and real-world assets (RWA) tokenization each accounting for approximately $2 trillion. The bank believes that mature DeFi protocols will be the main beneficiaries. Standard Chartered points out that DeFi's "composability" allows the same asset to simultaneously achieve yield generation, collateralized lending, and liquidity trading without the multiple intermediaries found in traditional finance. The report cites BlackRock's BUIDL fund as an example, noting that it has been used for DeFi collateral and stablecoin reserve assets. Furthermore, Standard Chartered believes that if the Clarity Act is passed, it will be a significant catalyst for further on-chaining of traditional financial assets.