On June 22, 2023, Komgo SA, the trade finance blockchain company, successfully closed a strategic equity investment by Banco Santander. With this investment, Santander becomes a shareholder of Komgo alongside other major corporate and financial players including ABN Amro, BNP Paribas, Citi, Consensys, Crédit Agricole, Gunvor, ING, Koch Supply & Trading, Macquarie, Mercuria, MUFG, Natixis, Rabobank, SGS, Shell, SMBC, Société Générale and Total.
Lenz & Staehelin advised Banco Santander in this investment. The team included Jacques Iffland and Federico Trabaldo Togna (both Corporate and M&A).
