Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments; Arkham Intelligence claims to have retroactively uncovered the biggest crypto hack in history. Meanwhile, Bitcoin ETFs saw $812 million in outflows, while Ether ETFs ended their longest inflow streak with $152 million in losses.
Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies.
Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments.
