Banks Bet Big: $100B+ Poured Into Blockchain Since 2020 (Yes, They Finally Get It)

Wall Street’s late-night crypto FOMO just got a price tag—and it’s a 12-figure flex. Ripple’s latest data reveals institutional money flooding blockchain infrastructure at a pace that’d make even Bitcoin maximalists raise an eyebrow.

From Skepticism to Spending Spree

Three years ago, Jamie Dimon was calling Bitcoin a fraud. Now? Banks collectively dropped a Panama GDP’s worth into distributed ledgers. Guess those ‘useless monkey jpegs’ convinced them after all.

The Compliance Twist

Don’t expect anarcho-capitalist wet dreams—this cash tsunami funds permissioned chains, CBDC pipelines, and regulatory sandboxes. The revolution will be audited (by Deloitte).

Cynical Take

Nothing motivates banks like fear of missing out—or being outflanked by fintech startups eating their lunch. $100B buys a lot of innovation theater.

One thing’s clear: when suits move markets, they don’t do half-measures. Whether this validates crypto or just reinvents SWIFT with extra steps? The blockchain doesn’t lie—but the ROI might.