Rise of the Wall Street Giants in the "Chain Finance Ecosystem" - $18 Trillion RWA Tokenization Roadmap Unveiled

Cognizant of statistics, global financial giants including Morgan Stanley, Goldman Sachs, and others have completed over 345 investments related to blockchain technology between 2020 and 2024. G-SIBs (Global Systemically Important Banks) have dominated over 100 major transactions in the tokenization, cryptocurrency financial products custody, and blockchain payment fields.

According to Ripple and CB Insights' latest cryptocurrency research report, JPMorgan Chase, Morgan Stanley, Goldman Sachs, and Japan's SBI Group have become the most active forces supporting blockchain-type startups. The report predicts that by 2033, tokenization of real-world assets (RWA) could exceed $18 trillion, with a compound annual growth rate (CAGR) of over 53% expected from 2025 onwards.

The report highlights that between 2020 and 2024, global traditional banks participated in 345 deals investing in blockchain companies, with the majority in early-stage funding. JPMorgan Chase and Goldman Sachs led the pack with 18 significant transactions each, followed closely by Morgan Stanley and Mitsubishi UFJ Financial Group, each completing 15 major investments.

Notably, the "massive" blockchain financing deals worth over $1 billion, which have garnered market attention. Over the past four years, these traditional banking giants have participated in 33 rounds of this type of financing, injecting funds into blockchain-type startups focused on cryptocurrency trading infrastructure, tokenization financial products custody, and payment solutions.

Notable cases include CloudWalk from Brazil, which raised over $7.5 billion through two funding rounds, with investors including Itaú Bank; Solaris from Germany received a massive investment of over $1 billion from SBI Group, subsequently becoming its controlled subsidiary, paving the way for this financial giant to explore blockchain finance.

G-SIBs Contribute Over 100 Blockchain-Related Financing Transactions

Global Systemically Important Banks (G-SIBs) have completed over 106 transactions, with 14 single deals exceeding $1 billion. The US and Japanese financial institutions are leading the way, followed closely by Singapore, France, and UK financial giants. Overall, between 2020 and 2024, global blockchain-type startups completed over 10,000 financing transactions, with a total value exceeding $100 billion.

Ripple's survey of over 1,800 global financial leaders also shows that 90% of respondents believe that blockchain and digitalization will have a "significant or massive" impact on the blockchain and cryptocurrency industry within three years.

This trend is similarly supported by regulatory agencies, including the US GENIUS Act and the EU MiCA regulation, which provide clearer guidelines for digital asset operations.

Traditional Banks Bet on Stablecoins, Next Stop Tokenization

The unprecedented investment frenzy behind blockchain-type startups is driven by stablecoin trading demand and the increasing need for real-world applications. Morgan Stanley's report shows that monthly stablecoin settlement volume has already reached $6,500-7,000 billion by 2025Q1, with more traditional commercial banks planning to issue their own stablecoins to provide programmable currencies.

Stablecoins are a special type of cryptocurrency that maintains a stable value ratio through anchoring to core reserve assets such as the US dollar, euro, or gold. As key legislation for regulating stablecoins accelerates in the US Congress, this type of cryptocurrency is poised to enter the mainstream asset class.

Stablecoins are essentially "chain-based dollars" that combine high liquidity USD assets (cash, short-term US debt) with a 1:1 backing. They provide a new payment carrier that combines stability and efficiency, allowing capital markets to explore the commercial potential of "digital dollarization."

The tokenization trend is seen as decisive for the future direction. A report by Boston Consulting Group and Ripple predicts that by 2033, tokenization of real-world assets (RWA) could exceed $18 trillion, with a compound annual growth rate (CAGR) of over 53% expected from 2025 onwards.