Standard Chartered: Tokenization market to reach $30.1 trillion by 2034

Standard Chartered and Synpulse today released a report on Tokenized Real Assets (RWAs) with a particular focus on trade finance. They expect the tokenized market to reach $30.1 trillion within ten years, of which trade finance will account for 16% or $4.8 trillion, placing the segment among the top three global tokenized assets. However, the bank noted that only 80% of export markets are currently financed, so there may be an undisclosed 10% trade finance gap. In this case, given that global trade is expected to reach $32.6 trillion by 2030, the gap would be close to $5 trillion.