Report: Citigroup, JPMorgan Chase, Goldman Sachs and SBI Group are the most active participants in TradFi's blockchain business "
According to online reports, Ripple has partnered with CB Insights and the UK Blockchain Technology Center to release the latest report pointing out that Citigroup, JPMorgan Chase, Goldman Sachs and Japan's SBI Group have become the most active participants in the traditional financial sector supporting blockchain start-ups. Between 2020 and 2024, global banks participated in 345 blockchain company investments, most of which were in the early stage of financing. Citigroup and Goldman Sachs led the way with 18 investments each, followed by JPMorgan Chase and Mitsubishi UFJ with 15 investments each. In four years, these banks participated in 33 such rounds of financing, investing money in companies focusing on transaction infrastructure, tokenization, custody and payment solutions.
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