$100 Billion in Blockchain – How Banks Are Building the Future of Finance
$100 Billion in Blockchain: How Banks Are Building the Future of Finance
Since 2020, traditional banks around the world have invested more than $100 billion in blockchain infrastructure, according to a detailed report backed by Ripple, CB Insights, and the UK Centre for Blockchain Technologies.
🌍 A Global Shift Towards Blockchain
The study titled “Banking on Digital Assets” analyzed over 10,000 blockchain-related deals and surveyed 1,800+ global finance executives between 2020 and 2024. The findings are clear: blockchain and digital assets are going mainstream.
- 345 blockchain deals were made globally by banks
- Top areas: Payments infrastructure, tokenization, crypto custody
- 25% of the investments focused on blockchain settlement systems
💡 Insights From Finance Leaders
More than 90% of executives believe blockchain will have a massive impact on finance by 2028. Around 65% of banks are actively exploring digital asset custody, while over 50% are focusing on stablecoins and tokenized real-world assets.
🏦 Real Examples From Top Banks
Here are real-world examples that show how big banks are already embracing blockchain:
| Bank | Blockchain Project | Details |
|---|---|---|
| HSBC | Tokenized Gold | Digital platform to trade gold securely using blockchain |
| Goldman Sachs | GS DAP | Blockchain-based settlement platform |
| SBI | Quantum-Resistant Currency | Digital currency built to resist future quantum attacks |
🚫 Consumer-Facing Crypto Still Limited
Interestingly, fewer than 20% of banks currently offer retail wallets or crypto trading services. This confirms that banks are focused on infrastructure — not speculation or hype.
📈 Why Are Banks Investing in Blockchain?
Banks are not becoming crypto companies. Instead, they are using blockchain to:
- Modernize cross-border payments
- Streamline balance sheet management
- Reduce dependency on outdated systems (like SWIFT)
🗓 What to Expect by 2028
Over two-thirds of banks surveyed plan to launch blockchain or digital asset initiatives by 2028. These may include:
- Tokenized government bonds
- Interoperable blockchain settlement platforms
- Stablecoin-based remittance systems
📌 Key Takeaway
The banking sector is making a long-term bet on blockchain infrastructure — not crypto speculation. This shift could reshape how money moves globally, making systems faster, cheaper, and more secure.
But the question remains: Will emerging economies like Somalia take part in this new financial wave?
🔎 Related Topics You Might Like
- What is Real-World Asset Tokenization?
- Top 5 Stablecoins to Watch in 2025
- CBDCs: How Governments Are Adopting Blockchain
📌 Final Thoughts
As regulation evolves, banks will play a key role in building the next-generation digital financial infrastructure. Those who ignore blockchain may fall behind.
👉 Read more exclusive analysis on the HILAAC Blog – your trusted source of insight in Somali.
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