Wall Street’s Silent Blockchain Revolution
America's banking giants are placing quiet but monumental bets on blockchain infrastructure. JPMorgan Chase, Charles Schwab, and American Express now lead a cohort of 14 top-25 U.S. banks developing Bitcoin products—a strategic pivot toward tokenization that could redefine financial markets.
The movement gained public validation when SEC chief Paul Atkins acknowledged America's accelerating embrace of digital assets. River's research reveals these institutions aren't merely experimenting; they're building operational frameworks for cryptocurrency integration.
This institutional momentum coincides with Bitcoin's resurgence as a treasury asset. Banks appear to be hedging against both inflationary pressures and disruptive fintech competitors through blockchain adoption—a defensive innovation strategy with bullish implications for BTC, ETH, and enterprise-grade chains like DOT and SOL.