🇷🇺 Russia's largest bank Sberbank launches structured bonds linked to Bitcoin.
Sberbank, Russia's largest bank, has indeed launched structured bonds tied to Bitcoin's performance, offering investors exposure to cryptocurrency price movements without direct ownership. These bonds are denominated in rubles, compliant with Russian law, and currently available to qualified investors through over-the-counter markets, with plans for future listings on the Moscow Exchange.
The bonds provide exposure to Bitcoin's price changes and USD/RUB exchange rate shifts.
Fully compliant with Russian regulations, ensuring a secure way for investors to gain exposure to cryptocurrency assets without direct ownership.
Currently available to qualified investors, who must meet specific financial requirements, such as investments in securities or deposits exceeding 100 million rubles ($1.25 million) and 50 million rubles in annual income.
Plans to list the bonds on the Moscow Exchange, with potential for increased accessibility and liquidity.
The launch reflects increasing interest in digital assets among Russian investors, with a 51% increase in crypto asset inflows in the first quarter of 2025.
The Bank of Russia's decision to permit crypto-linked financial instruments signals a broader acceptance of crypto-related financial products within Russia's regulated financial markets.#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #EDGENLiveOnAlpha #EDGENLiveOnAlpha $BTC
