[Standard Chartered Bank: RWA Tokenization Expected to Reach $2 Trillion by 2028, Mostly on Ethereum] According to a report by Golden Finance, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered Bank, predicted in his latest report that the total market value of real-world asset (RWA) tokenization, excluding stablecoins, will surge from the current approximately $35 billion to $2 trillion by the end of 2028, an increase of about 56 times. He expects that 'most on-chain activities' will occur on Ethereum due to its long-term stability and network effects. The report highlights that the widespread adoption of stablecoins has paved the way for other asset classes to go on-chain, including money market funds (MMF) and stocks.