Traditional banks have invested more than $ 100 billion in blockchain since 2020, according to a recent Ripple-supported report claiming digital assets are going mainstream.
That number comes from “Banking on Digital Assets” (UK CBT)More than 10,000 blockchain offers analyzed and investigated over 1,800 global economy leaders. According to the conclusions, major banks increase investments in custody, tokenization and payment infrastructure – despite legislative uncertainty and market volatility.
The report estimates that more than $ 100 billion has been invested in blockchain and digital activities globally between 2020 and 2024. It also found that 90% of the economy leaders surveyed believe these technologies will have a significant or massive impact on funding within the next three years.
From 2020 to 2024, traditional financial institutions participated in 345 blockchain offers globally, the report says. Payment -related infrastructure drew the largest proportion, followed by crypto -preserving, tokenization and foreign currency. About 25% of the investments focused on infrastructure providers that operate blockchain running and asset issuing rails.
More than 90% of financial leaders investigated by Ripple believe that blockchain and digital assets have either a “significant” or “massive” impact on financing in 2028.
Examples quoted include HSBC’s tokenized gold platform, Goldman Sachs’ blockchain settlement tool GS DAP and SBI’s work with quantum-resistant digital currency. Still, most respondents say that consumer-facing digital assets are not the immediate focus-less than 20% of banks reported to offer crypto trading or retail pitches.
The report frames the shift as more infrastructure than speculative. Institutions are largely investing in blockchain to modernize cross -border payments, streamline balance management and reduce addiction to older rails. Ripple, who supplies blockchain solutions to companies to banks, placed the conclusions as evidence that “the active world’s active docking is entering the implementation phase.”
Even when legislative clarity is linked to many jurisdictions, more than two -thirds of the banks surveyed say they expect to launch a digital activities within the next three years. These efforts may vary from piloting of tokenized bonds to the construction of interoperable settlement layers to CBDCs and private stableecoins.
Despite the recent setbacks in crypto markets, Ripple’s report claims that capital formation is accelerating and not withdrawing. It notes that blockchain investments from traditional funding hit a post-TTX high in Q1 2024, and that new markets-inclusive UAE, India and Singapore driver adoption faster than the US and Europe.
For blockchain companies and providers of infrastructures, the message is clear: The next wave of institutional adoption does not hang on hype cycles or retail mania, but to calmly transform the pipes for global funding.
