Standard Chartered: The rsETH security incident has severely impacted DeFi, but does not change the expectation that RWA will move toward a $2 trillion market.
TechFlame
2026-04-29 12:03
TechFlame2026-04-29 12:03
English
TechFlame News — According to The Block, a recent report from Standard Chartered Bank indicates that while the theft of KelpDAO’s rsETH has dealt a serious blow to the DeFi ecosystem, it is not enough to alter the long-term growth trajectory of real-world asset (RWA) tokenization. Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, noted that the incident is more like DeFi being “bent, not broken,” and may even serve as a critical turning point for the industry to move toward a more resilient structure. Standard Chartered maintains its forecast that the RWA tokenization market will grow from $35 billion in October 2025 to $2 trillion by the end of 2028, with core growth still driven by the continued expansion of DeFi banking infrastructure and stablecoin liquidity.