Iberdrola, BBVA and Santander close €150M blockchain-based loan
- —€150 million syndicated loan to Iberdrola from BBVA and Santander
- —Platform developed by ioBuilders together with both banks
- —Full loan lifecycle from signing to maturity runs on blockchain
- —Underlying network and automated processes were not disclosed
Why it matters: Major banks are moving routine corporate products onto blockchain rails, accelerating real institutional adoption of the technology.
Source: CriptoTendencias
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