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The real-world asset (RWA) tokenization market is poised for explosive growth, rising from $35 billion today to a staggering $2 trillion by 2028, according to a new forecast from Standard Chartered Bank. This represents an increase of nearly 5,600%.

The report, led by Geoffrey Kendrick, the bank's head of digital asset research, credits stablecoins with paving the way by creating on-chain infrastructure and raising awareness.

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Kendrick predicts that tokenized money market funds and listed stocks will each account for $750 billion of the total, while tokenized funds and less liquid assets, such as real estate and private equity, will account for the remaining $500 billion.

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