#xrpetf $XRP Santander launches blockchain platform that enables negotiations of tokenized consortium shares

Index

Market Musing-g

Santander launches blockchain platform that enables negotiations of tokenized consortium shares

20242024NEWCEO



By livecoins

7 hours ago

•

3 mins read



Index

New blockchain platform from Santander Brazil aims to solve one of the biggest pains in the country's consortium sector

Innovative product, says executive

Santander Brazil (BVMF: SANB11) announced this week the launch of a platform with blockchain technology to allow the negotiation of consortium shares among its users. The shares will feature new technology involving tokenization.

The launch of Santander occurs in partnership with Núclea, which announced the launch of N-COTAS. This is the name of the new platform that promises to transform the secondary market for consortia in Brazil.

The solution, which will hit the market in May 2025, connects administrators interested in selling canceled or overdue shares to funds that wish to acquire them. The process generates high liquidity for the assets and offers new alternatives for all participants in the ecosystem.

New blockchain platform from Santander Brazil aims to solve one of the biggest pains in the country's consortium sector