90% of global financial leaders said the blockchain would change financially by 2028
Traditional banks have invested more than $ 100 billion in blockchain since 2020, according to a recent ripple-backed Report The claim of digital assets will be basic.
That figure came from “banking on digital assets,” a joint study by Ripple, CB Insights and the UK Center for Blockchain Technologies (UK CBT)reviewing more than 10,000 deals in the blockchain and reviewing more than 1,800 leaders in global finance. According to the findings, major banks have ramping investments in caution, tokenization, and payment infrastructure -despite the uncertainty in regulation and volatility in the market.
The report estimates that more than $ 100 billion invested in the world’s blockchain and digital asset initiatives between 2020 and 2024. It has also been found that 90% of financial financial leaders believe these technologies will have a significant or massive financial impact over the next three years.
From 2020 to 2024, traditional financial institutions participated in the 345 blockchain deals worldwide, the report said. Payment-related infrastructure is drawn the largest part, followed by crypto custody, tokenization and on-chain foreign exchange. Excessively 25% of investments dedicated to infrastructure providers that empower blockchain regulating and display railroads.
More than 90% of financial executives reviewed by the Ripple Believe Blockchain and Digital Assets will have either a “significant” or “massive” financial impact by 2028. Among the bank respondents, 65% said they actively explored the custody of digital assets, with more than half of stablecoins and tokenized real-world assets as leading priorities.
Examples mentioned include HSBC’s tokenized gold platform, Goldman Sachs’ GS DAP’s Blockchain tool, and SBI’s work on digital digital resistant to digital. However, most respondents said facing consumer digital assets were not the immediate focus-less than 20% of banks reported offering crypto trading or retail purse.
The report has shifted as more infrastructure than haka -haka. Institutions mainly invest in blockchain to modernize cross-border payments, sheet managing streamline sheets, and reduce dependence on legacy metals. Ripple, which provides blockchain grade blockchain solutions for banks, has positioned the findings as evidence that “real-world asset tokenization is entering the implementation stage.”
Although regulatory clarity gains many constituents, more than two-thirds of the reviewed banks say they expect to launch a digital asset initiative within the next three years. Those efforts can range from the voting of tokenized bonds to the formation of interoperable layers of regulating for CBDCs and private stablecoins.
Despite the recent setbacks in crypto markets, Ripple’s report argued that capital formation was accelerating, not retracting. It noted that blockchain investment from traditional finances struck a post-FETX high in Q1 2024, and the emerging markets-including UAE, India and Singapore-are adopting driving faster than the US and Europe.
For blockchain firms and infrastructure providers, the message is clear: the next wave of institutional adoption will not perform in hype or retail mania cycles, but with the silent change of global financial pipes.
