Two of the world’s largest investment banks, Goldman Sachs and JPMorgan, have announced plans to significantly increase their exposure to XRP, outlining a strategy to accumulate up to $30 billion worth of the digital asset by 2028, according to industry sources familiar with the matter.
The announcement reflects growing institutional interest in blockchain-based settlement infrastructure and digital assets tied to cross-border payment systems. Both banks are reportedly evaluating XRP as part of a broader strategy to expand their involvement in the evolving digital finance ecosystem.
Market participants say the accumulation plan would be implemented gradually through a combination of strategic purchases, liquidity partnerships, and participation in emerging XRP-based financial networks, including decentralized finance infrastructure connected to the asset.
Institutional analysts note that XRP has long been positioned as a digital asset optimized for fast and low-cost cross-border transactions, making it a potential component in next-generation payment and liquidity frameworks.
A senior digital asset strategist familiar with the banks’ plans said the move reflects a broader shift among large financial institutions. “Major banks are increasingly exploring blockchain-based settlement layers. XRP’s liquidity and transaction efficiency make it one of the assets being considered as part of that infrastructure,” the strategist said.
The projected $30 billion accumulation target by 2028 would represent one of the largest institutional exposure strategies ever publicly associated with XRP.
The development comes as institutional participation in digital assets continues to accelerate globally. In recent years, major financial institutions have expanded research, trading desks, and custody services related to cryptocurrencies, signaling a gradual integration of digital assets into traditional financial markets.
Industry observers say the involvement of major investment banks could contribute to increased liquidity and broader market legitimacy for XRP as blockchain-based financial infrastructure evolves.