Banks Move Into Blockchain and Tokenization With 345 Investments Deals

Big banks like Citigroup, JPMorgan, Goldman Sachs, and Japan’s SBI Group are pouring tons of money into blockchain startups. A new report from Ripple, CB Insights, and the UK Centre for Blockchain Technologies says they made 345 investments from 2020 to 2024. Citigroup and Goldman Sachs led with 18 deals