Tokenisation is projected to grow by 5,600% to reach a $2 trillion market by 2028, according to Standard Chartered. The bank attributes this growth to the expansion of decentralised finance (DeFi) lending via stablecoins, which facilitate the migration of real-world assets like stocks and bonds onchain. Geoffrey Kendrick, global head of digital assets research at Standard Chartered, highlighted the resilience of the DeFi sector despite recent challenges, such as the $300 million exploit of KelpDAO. Kendrick argues that rapid stabilisation efforts and structural upgrades bolster the long-term prospects for DeFi banking and stablecoin liquidity, supporting the projected market growth.