A report issued by Ripple and CB Insights reveals that traditional banks have invested over $100 billion in blockchain since 2020, despite regulatory uncertainty, indicating a shift towards modernization.
This significant rise in investment highlights the potential of blockchain technology to fundamentally transform the financial sector, with 90% of participants expecting a significant impact. Major banks such as JPMorgan and Citigroup are leading these efforts.
Traditional banks are leading the way in investment and innovation in blockchain technology.
According to a report by Ripple, major global banks, including Citigroup and JPMorgan, have invested over $100 billion in blockchain technology since 2020. This trend underscores the growing acceptance of digital assets in the traditional financial sector. Despite market volatility, banks are increasing their investments in blockchain initiatives.
The report published by Ripple, CB Insights, and the UK Blockchain Technology Center shows that major financial institutions are significantly investing in blockchain technology. The report highlighted its adoption in payment infrastructure, custody services, and encryption, with 90% of financial sector leaders surveyed expecting this technology to have a significant impact on the financial sector within three years.
The Ripple team points out that "banks and financial institutions are no longer considering the impact of [blockchain], but are instead working to integrate the technology as a core component of modern finance."
Historical context, price data, and expert analysis
Did you know? Despite previous volatility, stablecoin transactions are expected to reach $700 billion per month by 2025, thanks to adoption by institutions.
Ethereum (ETH) is trading at $3,536.30, with a market cap exceeding $426.87 billion, experiencing a 30.46% decrease in 24-hour trading volume to $21.26 billion as of August 4, 2025. According to CoinMarketCap, Ethereum has seen a 40.60% increase over 30 days, reflecting the ongoing adoption of blockchain technology.
Research group experts believe that investment in blockchain technology will enhance financial stability as financial institutions adopt digital assets. Regulatory frameworks are likely to enable smoother integration, foster technological advancement, and strengthen the financial ecosystem.