GazpromBank to Launch Digital Financial Assets Worth $23.5 Million

GazpromBank is preparing to issue 20 billion rubles worth of digital financial assets (DFAs) according to a newly released issuance resolution from the Russian National Settlement Depository (NSD). This initiative represents tokenized certificates of physical assets leveraging blockchain technology and differs significantly from cryptocurrencies or tokens traded on crypto exchanges. These DFAs can only be issued through information system operators authorized by the Russian Central Bank, including institutions like Sberbank, Alfa Bank, Atomyze, Masterchain, and NSD.