Global Banks Invest $100 Bn in Blockchain & Digital Asset Infrastructure Since 2020

From cross-border payments to tokenized bonds, traditional finance is laying the groundwork for a blockchain-powered future.

A joint study by Ripple, CB Insights, and the UK Centre for Blockchain Technologies titled Banking on Digital Assets reveals:

Over $100 billion invested by traditional banks in blockchain infrastructure (2020–2024).
345 blockchain deals, including 33 mega-rounds over $100 million.
Top investors: Citigroup, Goldman Sachs (18 deals each), JPMorgan Chase, Mitsubishi UFJ (15 deals each), SBI Group.

What Are Banks Investing In?

Focus Area	Details
Payment Infrastructure	Largest share of investments; modernizing cross-border payments
Digital Asset Custody	65% of banks exploring custody services
Tokenization of Real-World Assets	Stablecoins and tokenized bonds are top priorities
Settlement & Issuance Rails	25% of deals focused on blockchain-based settlement systems

Examples: HSBC’s tokenized gold platform, Goldman Sachs’ GS DAP, SBI’s quantum-resistant currency.

90% of finance leaders expect blockchain to have a “significant or massive” impact by 2028.
Banks are pivoting from speculation to infrastructure to modernize legacy systems.
Emerging markets like India, UAE, and Singapore are driving adoption.

Two-thirds of banks plan to launch digital asset initiatives within 3 years.
Upcoming focus areas:
- Tokenized bonds
- CBDC settlement layers
- Private stablecoin networks

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