A recent analysis by Ripple, CB Insights, and the UK Centre of Blockchain Technologies indicates that blockchain technology is no longer exclusively for cryptocurrency enthusiasts – prominent global banks are among its most engaged investors.
Entitled ‘Banking on Digital Assets: How Traditional Finance is Investing in Blockchain’, the study discovered that from 2020 to 2024, more than $100B was allocated to blockchain companies through over 10K agreements.
Among these, 345 investments involved major financial institutions, with 33 of these surpassing $100M. Citigroup, JP Morgan Chase, Goldman Sachs, and Japan’s SBI Group were among the leading investors.
Notably, tokenization has emerged as a primary element in their approaches.
This highlights the dedication of traditional finance giants to enhance investor access via Web3 technologies, as well as the importance of the Bitcoin Hyper ($HYPER) Layer 2 solution for reinforcing that infrastructure.
90% of Banking Giants Are Optimistic About Blockchain Technology
The report states that ‘90% of global financial leaders are convinced blockchain and digital assets will have a substantial or overwhelming influence on finance.’
This optimism stems from blockchain technology’s capacity to streamline transactions, reduce expenses, and provide continuous global accessibility.
Among the 33 banks funding over $100M, the study found the highest investments originated from institutions in the US and Japan, followed by Singapore, France, and the UK.
In the ‘mega-round’ agreements, notable Web3 applications that caught the attention of traditional finance entities comprised institutional frameworks for trading, staking, and tokenization. Collectively, they made up 27% of agreements.
The Boston Consulting Group, in collaboration with Ripple, now predicts tokenized assets will exceed $18T by 2033.
This increasing interest can be attributed to tokenization allowing investors to buy smaller fractions of typically costly assets, such as real estate or bonds, thus broadening investment opportunities for more participants.
Therefore, it’s not surprising that large banks are already making significant investments in this domain. For example, JPMorgan’s Kinexys platform facilitates tokenized US Treasury transactions.
Additionally, HSBC has introduced a tokenized gold product for institutional and retail investors alike.
Moreover, positive developments for the sector include SEC Chairman Paul Atkins aiming to promote tokenization in the US through ‘Project Crypto,’ his latest cryptocurrency initiative.
He recently stated that Commission staff will actively work to eliminate regulatory obstacles and collaborate with companies interested in tokenizing stocks, bonds, and other securities.
This is, of course, good news for Bitcoin Hyper ($HYPER), an upcoming Layer-2 solution connected to Bitcoin.
Bitcoin Hyper Has the Capabilities to Drive Tokenized Economies
Bitcoin Hyper ($HYPER) is tailored for extremely rapid, secure, and scalable $BTC transactions.
It also encompasses the essential tools required to empower future tokenized economies, including smart contracts, DeFi, and the capability to mint wrapped crypto assets across chains.
To achieve this, the initiative utilizes the Solana Virtual Machine (SVM), which facilitates the introduction of Solana-like smart contract functionalities to the Bitcoin ecosystem.
Here’s how it functions:
- Bitcoin Hyper employs a Canonical Bridge to track $BTC deposits.
- Once a transaction is confirmed via an SVM smart contract, it creates a corresponding wrapped $BTC on the Layer 2.
- This $BTC can then be utilized across DeFi protocols, such as dApps supporting tokenized asset transactions.
- When you wish to withdraw your Bitcoin, the bridge validates the Layer 2 activity and releases your $BTC from the deposit address on the Bitcoin Layer 1.
To maintain Bitcoin’s foundational security while enhancing off-chain activities, transactions are aggregated and confirmed using Zero-Knowledge (ZK) Proofs. This guarantees swift, trustless execution with a minimal on-chain presence.
If you possess $HYPER, the project’s native token,“`html
You can also relish diminished gas charges, governance privileges, and staking incentives at a 156% APY.
$HYPER has successfully amassed over $6.8M, supported by significant whale contributions such as $54.1K and $53.9K back in June. These were the investors who entered early, prior to the presale cost reaching $0.012525.
Considering that its mainnet debut could boost the $HYPER token to $0.32, now is an excellent moment to participate for potential gains surpassing 2,455%.
As enthusiasm for Bitcoin Hyper’s Layer 2 solution escalates, so does the presale.
It’s drawing in initial supporters keen to leverage and utilize its high-velocity infrastructure, practical application, and tokenized outlook.
Join $HYPER Presale to Unleash the Project’s Full Capacity
As conventional banks increase their investments into blockchain and the SEC moves towards a more lenient crypto policy, a new phase of tokenized finance is rapidly aligning.
It seems that Bitcoin Hyper is launching at a prime moment. With its SVM-driven execution layer, trustless bridging, and practical application across DeFi, it possesses the ability to support future tokenized commodities in a permissionless, public ecosystem.
You can unlock the L2’s complete potential by acquiring $HYPER on presale today.
This is not investment advice. Conduct your own research and invest only what you can afford to lose.
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