According to Jinse, Standard Chartered Bank reported that real-world asset (RWA) tokenization, excluding stablecoins, is expected to reach $2 trillion by the end of 2028, a 56-fold increase from the current $35 billion. The report highlights Ethereum as the primary platform due to its stability and network effects. Meanwhile, Bitcoin financial firm MicroStrategy (MSTR) reported a Q3 net profit of $280 million, slightly above expectations, and raised its preferred stock dividend to 10.5%. Coinbase’s Q3 revenue grew 37% year-on-year to $100 million, with Ethereum transactions accounting for 22%. Riot Platforms also reported record net income of $10.45 million and mined 1,406 BTC in Q3.
Standard Chartered Forecasts $2T RWA Tokenization by 2028, MSTR and Coinbase Reports Boost Market Sentiment
JinseShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.