From 2020 to 2024, traditional financial institutions invested over $100 billion in blockchain infrastructure. This is stated in a joint study by #Ripple , CB Insights, and the UK Center for Blockchain Technologies (UK CBT) titled "Banking on Digital Assets".
The report analyzed over 10,000 transactions in the blockchain field and the results of a survey of more than 1,800 executives from financial institutions worldwide. According to it, banks are increasing investments in digital assets despite regulatory uncertainty and market volatility.
From 2020 to 2024, banks participated in 345 transactions related to blockchain. The greatest interest was in payment infrastructure, cryptocurrency storage, tokenization, and currency operations on the blockchain.
Additionally, about 25% of investments were directed towards infrastructure that supports settlements and the issuance of digital assets.
Most of the surveyed executives believe that blockchain and digital assets will have a "scalable" impact on the financial sector by 2028.
Among banking respondents, more than half of them indicated stablecoins $USDT $USDC and tokenized real-world assets (#RWA ) as priorities.