Standard Chartered: rsETH security incident dealt a heavy blow to DeFi, but does not change the RWA's move toward the $2 trillion market expectation

Deep Tide TechFlow News, April 29, according to The Block, Standard Chartered Bank’s latest report points out that the theft of rsETH from KelpDAO has caused a serious impact on the DeFi ecosystem, but it is not enough to change the long-term growth trend of real-world asset (RWA) tokenization. Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that this incident is more like DeFi being “bent, not broken,” and may even serve as an important turning point for the industry to move toward a more resilient structure. Standard Chartered still maintains its forecast: by the end of 2028, the RWA tokenization market size will grow from $35 billion in October 2025 to $2 trillion, with the core driving force still coming from the continued expansion of DeFi banking systems and stablecoin liquidity.