Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a “world’s first.”
Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios
Two of Russia’s largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.
Sberbank Buys Commercial Bonds Issued Over Blockchain Platform
Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.