BlackRock Linked to $4 Trillion Tokenization Forecast and €15 B Credit Launch
Standard Chartered projects $4 trillion of tokenized assets on chain by end-2028, split equally between $2 trillion in stablecoins and $2 trillion in tokenized stocks and bonds, citing on-chain holdings still 1,000 times smaller than off-chain assets. BlackRock’s HPS unit and Citi launched a €15 billion ($17.5 billion) EMEA private credit program.
1. Standard Chartered’s $4 Trillion Tokenization Projection
Standard Chartered forecasts $4 trillion of tokenized assets by end-2028, equally split between $2 trillion in stablecoins and $2 trillion in tokenized stocks and bonds, noting that on-chain assets remain 1,000 times smaller than off-chain holdings.
2. USD Institutional Digital Liquidity Fund Performance
BlackRock’s USD Institutional Digital Liquidity Fund has gathered $2.85 billion since its launch earlier this year, offering a 4% yield, round-the-clock trading and high liquidity, serving as a practical example of institutional demand for tokenized products.
3. €15 Billion EMEA Private Credit Program
Citigroup and BlackRock’s HPS Investment Partners unveiled a €15 billion ($17.5 billion) private credit program to expand direct lending across Europe, the Middle East and Africa, aiming to meet rising demand for bespoke credit solutions in the region.
4. iShares Bitcoin Trust Selloff Acceleration
BlackRock’s iShares Bitcoin Trust (IBIT) reversed six consecutive weeks of cash inflows and accelerated its Bitcoin selloff on May 18, reflecting growing bearish sentiment among cryptocurrency investors.