Russia’s Central Bank is considering using tokenization solutions to grant foreign buyers access to shares in domestic companies, with industry insiders deeming it feasible. First Deputy Chairman Vladimir Chistyukhin expressed openness to tokenizing Russian shares, highlighting the need for technical solutions from overseas partners. This initiative follows a proposal from the Moscow Exchange’s Supervisory Board for tokenization to facilitate overseas investors in purchasing Russian shares without using sanctioned infrastructure. Sovcombank officials supported the plan, noting its potential benefits for investors in BRICS countries and other friendly jurisdictions. Executives believe that tokenization could accelerate Russia’s integration into the global digital financial system and enable traders with limited capital to access high-value stocks.

Read more at Yahoo Finance: Tokenization Will Let Foreigners Buy Domestic Shares