Sberbank introduces structured bonds tied to Bitcoin, plans to offer crypto-linked instruments in Russia.
From Yahoo Finance: 2025-06-02 08:44:00
Sberbank, Russia’s largest bank, has introduced a new structured bond tied to the price of bitcoin BTC and the dollar-ruble exchange rate. Qualified investors can earn based on BTC performance in USD and dollar strengthening against the ruble. Transactions are in rubles within Russia’s legal system, no crypto wallet needed.
Sberbank plans to list similar structured products with crypto exposure on the Moscow Exchange. They also announced a bitcoin futures product launch on June 4 via SberInvestments platform. This move follows the Bank of Russia’s recent approval for financial institutions to offer crypto-linked instruments to qualified investors in the country.
Read more: Russia’s Largest Bank Sberbank Launches Structured Bonds Tied to Bitcoin