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RIpple and other institutions report: Traditional banks have invested over 100 billion dollars in blockchain infrastructure since 2020.
Techub News reports that a study called "Digital Asset Banking" conducted by Ripple, CB Insights, and the UK Blockchain Technology Center (UK CBT) shows that since 2020, traditional banks have invested over $100 billion in Blockchain. Despite regulatory uncertainties and market fluctuations, major banks are increasing their investments in custody, tokenization, and payment infrastructure. The report also found that 90% of surveyed financial leaders believe that these technologies will have a significant or major impact on finance within the next three years. From 2020 to 2024, traditional Financial Institutions participated in 345 blockchain transactions globally. Payment-related infrastructure accounted for the largest share, followed by Crypto Assets custody, tokenization, and on-chain forex trading. About 25% of the investments were concentrated on infrastructure providers supporting blockchain Settlement and asset issuance.