Banks are quietly reshaping finance! Ripple’s latest report reveals traditional banks have poured $100B+ into blockchain infrastructure since 2020, focusing on tokenization and payment rails, not retail hype.

A new report by Ripple and CB Insights reveals a massive shift in global finance. Traditional banks have secretly funneled over $100 billion into blockchain infrastructure since 2020 — and it’s only accelerating!

The “Banking on Digital Assets” report analyzed 10,000+ blockchain deals and surveyed 1,800 finance leaders. The results are clear: banks are focusing on payment systems, tokenization, and crypto custody to rebuild the financial system’s core — moving away from speculative trading hype.

Major players like HSBC, Goldman Sachs, and SBI are leading this transformation with tokenized gold platforms, blockchain settlement tools, and quantum-resistant digital currencies. However, less than 20% of banks are targeting retail crypto products — the focus is now on infrastructure, stability, and long-term growth.

Ripple’s report claims 90% of finance leaders expect blockchain and digital assets to have a massive impact by 2028. Over two-thirds of banks plan to launch digital asset initiatives in the next three years, including tokenized bonds, stablecoins, and CBDC settlement layers.

Despite regulatory uncertainty, bank investments in blockchain hit a post-FTX high in Q1 2024. Emerging markets like the UAE, India, and Singapore are leading adoption faster than the US and Europe.

Ripple concludes that the next wave of blockchain adoption won't depend on retail hype but on quietly rebuilding global finance infrastructure.

---

Do you think traditional banks will dominate blockchain’s future, or will DeFi lead the way? 🤔👇

#BlockchainAdoption #RippleReport #Tokenization #CryptoBanks #DigitalAssets

💬 “$100B invested by banks — blockchain isn’t hype anymore, it’s the future foundation of finance!”