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Seeking Alpha 2021-12-29 16:16:46

Santo Blockchain buys 50 bitcoin ATM machines, plans to get 300 in 2022

Santo Blockchain Labs (OTCPK:SANP) purchases 50 bitcoin ATM machines to be shipped to the company's office in the Republic of Panama by the end of Q1 2022. The company plans to buy 300 bitcoin ATMs during 2022 with an investment of over $1M. Its subsidiary, Santo Pay de Panama S.A., will develop a multinational rollout plan for Panama, Colombia and Costa Rica with the 300 ATMs, as well as the Santo Crypto Wallet, which is in developing stage, and will run on the lighting layer 2 network. In mid-April, Santo Blockchain Labs partnered with Friendable to develop a global entertainment driven NFT.

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