Tag Archives: santander

Spanish bank Banco Santander SA on Monday announced it is acquiring a major stake in the British payments platform Ebury. The price of this acquisition is, according to the announcement, £350 million ($453 million).Proud to announce that @bancosantander has bought a majority stake in Ebury! ? https://t.co/3F8Zisjz1u pic.twitter.com/15GC4O05A8— Ebury (@EburyUK) November 4, 2019Santander is buying 50.1 percent of Ebury’s stake, which makes it a stakeholder having a controlling vote.  This...

Santander, one of the largest banks in the world based in Spain, has issued a blockchain bond and started using a public blockchain to manage all aspects of debt issuance.According to the Spanish banking giant, they used a token on Ethereum to represent the $20 million debt issuance and what is more, settled it with another set of ERC-20 tokens representing cash held in a custody account. As Coindesk has reported, the transaction conducted was a plain-vanilla bond with a one-year maturity,...