Major Banks Invest Heavily in Blockchain: What’s Driving the Shift?

Traditional finance institutions are significantly investing in blockchain technology, signaling a transformative shift in the financial landscape. Major players like Citigroup, JPMorgan, and Goldman Sachs have collectively backed over 345 blockchain firms since 2020, focusing on innovations in tokenization, custody, and payment solutions.

This growing interest reflects a belief among finance leaders that digital assets will profoundly impact the industry within three years. Regulatory frameworks, such as the GENIUS Act in the US and MiCA in the EU, are fostering this evolution, paving the way for a future where tokenized assets could exceed $18 trillion by 2033. As cryptocurrencies gain mainstream acceptance, financial institutions are under increasing pressure to adapt while ensuring compliance and investor protection.