🚨Global Banks Increase Investment in Blockchain: From Investment to Quantum Security
As traditional finance becomes increasingly open to blockchain, a new report from Ripple highlights the growing investment of banks in digital assets.
From early-stage funding to secure tokenization of quantum, global banks are transforming their roles in the evolving financial landscape. This change signifies the transition of blockchain from experimental technology to strategic infrastructure.
Banks Move Beyond Pilots and Proofs
Between 2020 and 2024, global banks made 345 investments related to blockchain. A recent report from Ripple reveals how traditional finance is rapidly entering the digital asset space. These deals indicate that banks see long-term value in blockchain infrastructure and tokenization technology.
Leading institutions such as JP Morgan, Goldman Sachs, and SBI Group have emerged as aggressive early-stage investors. Most of their deals focus on early-stage funding and Series A funding rounds. This reflects a willingness to support foundational projects aligned with long-term digital finance strategies.
In Brazil, CloudWalk secured over US$750 million from Banco Itaú, BTG Pactual, and Banco Safra. The company uses blockchain to simplify domestic payments and has since expanded to the US. CloudWalk's funding represents one of the largest blockchain investments by traditional banks.
Germany-based Solaris raised over US$100 million in 2024 with participation from Japan's SBI Group. The company has launched the first regulated digital asset trading venue in Germany and a security token platform. SBI later acquired a majority stake in Solaris to expand its footprint in Europe.