$XRP
$XLM
$HBAR
Ripple:
Banks Have Invested Over $100 Billion in Blockchain Infrastructure Since 2020
A new report by Ripple and CB Insights reveals how banks are reshaping financial markets through digital asset infrastructure, tokenization and crypto partnerships.
recent report by Ripple, CB Insights and UK CBT says traditional banks took part in 345 blockchain-related deals between 2020 and 2024, with a focus on payments, tokenization and custody.
The report claims global blockchain investment has topped $100 billion, citing over 10,000 deals, and says 90% of surveyed finance leaders expect a major impact by 2028.
Institutions such as HSBC, Goldman Sachs and SBI were profiled in the report for their blockchain efforts in areas like tokenized gold, custody solutions and secure settlement.