Standard Chartered, a British multinational bank, has released new forecasts for the Real World Asset (RWA) tokenization industry.
The financial institution said in a memo to investors that the RWA industry, excluding stablecoins, Market capitalization could grow to $2 trillion (Trillion English) By 2028.
This represents an increase of approximately 5,600% from the current level of approximately $35 billion.
In addition, Jeffrey Kendrick, head of digital asset research at Standard Chartered, makes a second prediction in the report: Ethereum will be the network that will benefit most from this increase.
“Ethereum has been running for over 10 years without disrupting the mainnet. In our opinion, the fact that other chains are faster or cheaper is irrelevant,” Kendrick said.
It should be noted that the network created by Vitalik Buterin is expanding its participation in the RWA industry, as reported by CriptoNoticias. Currently, the RWAs living here are; Ethereum surpasses $11.94 billionas seen in the following graph.
Camila Soria, a lawyer specializing in tax and international companies at Khoros, was consulted by CriptoNoticias about the tokenization phenomenon.
“I think tokenization for its own sake without a real purpose is just an end in itself.” boom passenger. I feel like when you really understand blockchain technology, you understand that it is somehow about rebuilding broken relationships. Today’s world is full of structures and bureaucracies that have no real meaning. “Blockchain technology is a new economic and social paradigm, and we must use it to change reality, not just speculation,” he said.
(Tag Translation) Altcoin
