#sberbank

#sberbank

The bank, Russia's largest lender, said the loan was secured using digital assets mined directly by Intelion Data. Sberbank did not disclose the size, duration, or exact type of cryptocurrency used as collateral, describing the transaction as an experimental pilot rather than a full commercial rollout. "We believe this product will be relevant not only for cryptocurrency miners, but also for companies that own cryptocurrencies," Sberbank said in a statement, adding that it may issue similar loans in the future if the model proves effective.

"Sberbank’s Bitcoin-linked bond offers returns based on BTC performance and dollar-ruble exchange rates, marking a significant step for regulated Bitcoin investment in Russia."