Tag Archives: loan

BBVA organizes a syndicated loan based on blockchain –

[ad_2][ad_1] BBVA and Red Eléctrica, of Spain, participated in a syndicated loan using blockchain. The € 150 million agreement – granted by BBVA, BNP Paribas and MUFG – was delivered in record time (according to BBVA) using BBVA's proprietary distributed ledger technology (DLT) platform. According to Teresa Quirós, financial director …

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Crypto Loan Provider Cred Now Takes Ripple (XRP) as a guarantee

[ad_2][ad_1] chirping Facebook LinkedIn The cryptocurrency loan provider Cred has added ripple (XRP) as a side option, allowing XRP holders to obtain loans for their holdings without having to sell or incur tax consequences, an official press report reports. Being a loan platform specialized in decentralized activities, Cred's goal is …

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The Spanish bank BBVA issues a loan of $ 150 million using Ethereum

[ad_1] The Spanish bank BBVA has officially issued a loan through the Ethereum blockchain. As reported by Finance Magnates, BBVA, the second Spanish bank, is working on a pilot program that will issue loans using Ethereum (ETH). In the recently issued loan, the Spanish national electricity company, Red Electrica, received …

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BBVA uses Ethereum to complete a syndicated loan of 150 million euros

[ad_1] The transaction brought together several large banks and is the second major BBVA blockchain loan project this year. One of the largest Spanish banks, Banco Bilbao Vizcaya Argentaria (BBVA), announced today, November 7, the completion of what it says is the first "blockchain syndicated loan agreement". Although the announcement …

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