autorenew
Standard Chartered Predicts $2 Trillion Tokenized RWAs by 2028: Implications for Solana

Standard Chartered Predicts $2 Trillion Tokenized RWAs by 2028: Implications for Solana

If you've been keeping an eye on the crypto space, you might have caught this exciting tweet from Remora Markets quoting a post about Standard Chartered's latest prediction. The banking giant is forecasting that tokenized real-world assets, or RWAs, could skyrocket to a whopping $2 trillion by 2028. That's no small change—it's a signal that traditional finance is gearing up to merge big-time with blockchain tech.

Standard Chartered building entrance

First off, let's break down what RWAs are for anyone new to this. Real-world assets are things like real estate, stocks, bonds, or even commodities that get tokenized on a blockchain. Tokenization basically means turning these assets into digital tokens that can be traded easily, 24/7, with lower fees and more accessibility. It's like giving your grandma's antique vase a digital passport so it can travel the world without leaving the shelf.

According to the report highlighted by CoinDesk, Standard Chartered sees this market exploding from its current $35 billion to $2 trillion in just a few years. They're pointing to stablecoins as the fuel for this fire, creating a self-sustaining loop in decentralized finance (DeFi) where more liquidity leads to more innovation and adoption.

Portrait of Standard Chartered executive

Remora Markets, who are building tokenized securities on Solana, chimed in with a casual "GMora, no surprise there" – a fun twist on "good morning" mixed with their brand. They're powered by Step Finance and are positioning themselves right in the heart of this RWA revolution on Solana, which is known for its speed and low costs. This makes Solana a hot spot not just for RWAs but also for the wild world of meme tokens.

Why does this matter for meme enthusiasts? Well, as RWAs bring in more institutional money and real utility to blockchains like Solana, it could create a rising tide that lifts all boats—including those quirky meme projects. Imagine meme tokens getting intertwined with real assets, or the influx of new users sparking the next big pump. In hindsight, as Remora puts it, the tech will seem obvious, but getting in early could be key.

The report breaks down the $2 trillion pie: about $750 billion in money market funds, another $750 billion in bonds and credit, $200 billion in equities, and $300 billion in alternatives like real estate. Ethereum might lead the charge, but Solana's efficiency could carve out a significant slice, especially with projects like Remora leading the way.

This prediction isn't just hype; it's backed by trends like the stablecoin boom and increasing on-chain liquidity. For blockchain practitioners, it's a reminder to dive deeper into RWAs—whether you're trading memes or building DeFi apps, this could reshape the landscape.

Keep an eye on Remora Markets and similar projects; they might just be the sharks swimming ahead of the pack in this generational run.

You might be interested