According to a report released by Standard Chartered Bank on October 30th, tokenized real-world assets (RWAs) could reach a cumulative value of $2 trillion over the next three years as more global capital and payment activities migrate to more efficient blockchain networks. The trustless structure of DeFi is poised to challenge the dominance of the traditional financial system (TradFi) controlled by centralized entities. Standard Chartered predicts that as DeFi's applications in payments and investments grow, the market capitalization of tokenized RWAs (non-stablecoins) could reach $2 trillion by 2028. Of this $2 trillion, it is estimated that: $750 billion will flow into money market funds, $750 billion into tokenized US equities, $250 billion into tokenized US funds, and another $250 billion into the less liquid portion of private equity, including commodities, corporate bonds, and tokenized real estate. Currently, the cumulative value of RWAs is approximately $35 billion; reaching a market capitalization of $2 trillion would represent a growth of over 57 times in the next three years.