Standard Chartered Bank: Tokenization could drive DeFi asset size to $2.7 trillion, a 37-fold increase by 2030.

According to a recent research report by Standard Chartered Bank, the total value locked (TVL) in decentralized finance (DeFi) is projected to reach approximately $2.7 trillion by 2030, a 37-fold increase from current levels. This growth is driven by the tokenization of real-world assets (RWA) and the migration of native crypto assets to on-chain protocols. The report anticipates that the proportion of tokenized assets in the DeFi ecosystem will rise from approximately 3.5% currently to approximately 30%. Currently, only 3% of stablecoins and 10% of tokenized real-world assets are used in DeFi protocols, indicating significant room for further penetration. The report states that achieving this goal depends on the expansion of tokenized assets and improved on-chain capital efficiency. It projects that by 2028, the TVL of tokenized non-stablecoin real-world assets will reach $2 trillion, primarily consisting of money market funds and US stocks. Decentralized trading protocols such as Uniswap may become important trading hubs for tokenized assets. Traditional financial institutions are prioritizing security and stability when adopting on-chain solutions, but cross-chain functionality and fragmented asset standards may limit market depth and unified pricing capabilities.