Report: Citigroup, JPMorgan Chase, Goldman Sachs and SBI Group lead traditional financial institutions in blockchain deployment

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On August 3, according to Cointelegraph, a latest report jointly released by Ripple, CB Insights, and the UK Blockchain Technology Center shows that Citigroup, JPMorgan Chase, Goldman Sachs, and Japan's SBI Group have become the most active representatives of traditional financial institutions supporting blockchain startups.

The report points out that between 2020 and 2024, global banks participated in 345 investments in blockchain companies, mostly concentrated in early-stage financing. Among them, Citigroup and Goldman Sachs each completed 18 transactions, leading the industry; JPMorgan Chase and MUFG followed closely, completing 15 investments respectively.

Among these, "super financing rounds" of $100 million and above are the key focus areas for banks. Over the past four years, banks have participated in 33 such financing rounds, with funds primarily flowing to companies focusing on transaction infrastructure, tokenization, custody, and payment solutions.

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