Standard Chartered Predicts Exponential Growth for RWA Tokenization Market

IconCryptoNewsTerminal Staff04 Jul, 2024

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Standard Chartered Predicts Exponential Growth for RWA Tokenization Market

Standard Chartered, the global banking and financial services firm, has released a report projecting that the real-world asset (RWA) tokenization market will experience significant growth in the coming years, reaching a staggering $30.1 trillion by 2034. This market expansion is attributed to the increasing adoption of RWA tokens in global trade markets, fueled by collaboration among investors, financial institutions, governments, and regulatory bodies. The report highlights that the next three years will be crucial for the growth of RWA tokenisation, as it emerges as a new asset class in global trade.

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