Major players in traditional finance like Citigroup, JPMorgan Chase, Goldman Sachs, and Japan’s SBI Group have been actively backing blockchain startups. Global banks participated in 345 investments in blockchain companies between 2020 and 2024, with mega-rounds being a key focus. Over $100 billion was invested in blockchain startups globally during this period.

Global Systemically Important Banks (G-SIBs) accounted for 106 deals, including 14 mega-rounds valued at over $100 million each. US and Japanese institutions led in deal volume, but Singapore, France, and the UK were also active in investing in blockchain companies. A survey found that 90% of global finance leaders believe blockchain and digital assets will have a significant impact on the industry in the next three years.

There is a growing demand for real-world blockchain applications, with stablecoin volumes reaching $650–$700 billion per month in Q1 2025. More banks are launching their own stablecoins to offer programmable money without exposure to volatility. Tokenization is expected to be a defining trend, with estimates that tokenized real-world assets could exceed $18 trillion by 2033.

Read more at Cointelegraph: Citigroup, JPMorgan Lead Blockchain Push: Ripple Report