Standard Chartered Predicts $2 Trillion Tokenization Market by 2028

Standard Chartered has projected that the tokenization market could expand to $2 trillion by 2028, representing a growth of approximately 5,600%. According to NS3.AI, Geoffrey Kendrick highlighted that stablecoin-based decentralized finance (DeFi) lending is a significant factor driving this growth. The report also noted that recent incidents in the DeFi sector have not altered the positive long-term growth outlook.