Standard Chartered Bank has stated that the recent KelpDAO rsETH theft, which significantly impacted the DeFi ecosystem, will not deter the long-term growth of real-world asset (RWA) tokenization. Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, described the incident as a challenge that leaves DeFi "bent, not broken," potentially leading to a more robust industry structure.
Despite the setback, Standard Chartered maintains its optimistic forecast for the RWA tokenization market, projecting growth from $35 billion in October 2025 to $2 trillion by the end of 2028. This expansion is expected to be driven by the ongoing development of the DeFi banking system and increased stablecoin liquidity.
Standard Chartered: rsETH Theft Won't Derail $2 Trillion RWA Market Growth
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