By anthony vassallo, snr vp of crypto at silicon valley bank
In his recent article, “The Shift is Real,” Anthony Vassallo, Senior Vice President of Crypto at Silicon Valley Bank, and member of Stablecoin Standard, examines the tangible integration of blockchain technology within traditional banking systems. Anthony highlights how major financial institutions, such as JPMorgan, are transitioning from experimental blockchain projects to active deployment, exemplified by JPMorgan's Kinexys platform, which now facilitates substantial daily transactions on a private blockchain. He attributes this shift to clearer regulatory frameworks and a growing institutional appetite for the efficiencies offered by digital assets. His insights underscore a significant evolution in the financial sector, where blockchain is no longer a speculative venture but a foundational component of modern banking operations