According to a joint study, traditional financial institutions have invested over $100 billion in blockchain infrastructure from 2020 to 2024.
Overall Bank Investments in Blockchain
According to the report prepared by Ripple, CB Insights, and the UK Centre for Blockchain Technologies, banks participated in 345 blockchain-related deals. The main priority was investment in payment infrastructure, followed by options for cryptocurrency storage, tokenization, and currency transactions on the blockchain.
Active Exploration of Digital Assets
About 65% of surveyed bankers are actively exploring digital asset storage options. More than half of them highlight stablecoins and tokenized real-world assets as priority areas. Meanwhile, less than 20% of respondents report having cryptocurrency trading services for retail clients.
The Future of Digital Assets and Blockchain
More than 90% of surveyed executives believe blockchain and digital assets will have a significant or massive impact on the financial sector by 2028. In the coming three years, many initiatives are expected to launch, including pilot projects with tokenized bonds and infrastructure for settlements using CBDCs and privately issued stablecoins. The report suggests that 'the tokenization of real assets is moving into the implementation phase.'
In summary, traditional finance is actively adapting to new technologies, indicating banks' readiness to modernize international payment processes and optimize balance sheet management.
