Standard Chartered's Kendrick Calls 50x Boom in Onchain Assets

Geoff Kendrick of Standard Chartered dropped a bold number at the SALT Conference. He forecasts that non-stablecoin assets held onchain will grow 50x over the next two to three years. Cointelegraph flagged the call from the conference stage.

The prediction covers everything onchain that isn't a stablecoin — tokenized funds, real-world assets and other non-pegged holdings. A 50x jump inside that window would be a massive swing for the sector.

Standard Chartered isn't a stranger to crypto calls. The bank has been among the more vocal traditional-finance players weighing in on digital assets and tokenization. Kendrick's SALT appearance puts that view in front of a packed industry crowd.

The forecast lands as banks and asset managers keep pushing deeper into tokenized products. Kendrick's timeline gives the market two to three years to see whether non-stablecoin onchain assets scale the way he expects.