Sberbank Launches Bitcoin Structured Bonds, Entering Crypto Investment Arena

Russia’s largest bank, Sberbank, has launched a groundbreaking new product for investors seeking exposure to Bitcoin and the ruble market. These structured bonds link performance to both Bitcoin’s value against the dollar and the stability of the US dollar compared to the Russian Ruble. This OTC offering provides an opportunity for qualified investors to trade in rubles without directly engaging with crypto wallets or foreign exchange platforms, all within a robust legal and infrastructural framework established in Russia.