Yesterday cryptocurrency risk and compliance firm Elliptic announced that Santander has run a pilot using its Discovery solution.
The trial helped Santander better understand its indirect cryptocurrency exposure by analysing transactions between bank accounts and cryptocurrency exchanges.
Back in 2016, Santander’s fintech venture subsidiary Santander Innoventures invested in Elliptic. Last year, Santander spun out the venture firm as Mouro Capital, an independent entity.
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