Derived from ChainCatcher, 4E reports that Standard Chartered forecasts real-world asset (RWA) tokenization, excluding stablecoins, to reach $2 trillion by 2028, up 56 times from the current $35 billion. Ethereum is expected to be the main platform due to its stability and network effects. Bitcoin financial firm MicroStrategy (MSTR) reported Q3 net profit of $280 million, slightly above expectations, and raised its preferred dividend to 10.5%. Coinbase’s Q3 revenue grew 37% to $100 million, with Ethereum transactions rising to 22%. Riot Platforms posted record net income of $10.45 million and mined 1,406 BTC in Q3. JPMorgan noted USDC has outpaced USDT in on-chain activity and market growth due to regulatory compliance and institutional adoption.
4E: Standard Chartered Forecasts $2T RWA Tokenization by 2028; MSTR and Coinbase Reports Boost Sector
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