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

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Santander launches blockchain platform that allows negotiations of tokenized consortium shares

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By livecoins

7 hours ago

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3 mins read



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New blockchain platform from Santander Brazil aims to solve one of the biggest pain points 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 enable the negotiation of consortium shares among its users. The shares will feature a 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 consortium market 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 pain points in the country's consortium sector