Spanish banking group Santander has made its first investment into the blockchain, a payment settlement technology that supports Bitcoin. Santander InnoVentures, the bank’s $100-million investment vehicle made to support potential FinTech technologies, has invested $4 million into Silicon Valley-based Ripple Labs . The latter is a renowned remittance company which harnesses blockchain technology to simplify money exchange across borders. It has also formed partnerships with some of the world’s leading banks — including Commonwealth […]
