Russian state-owned bank, BTC-linked structured bond issuance... Ruble payment and futures launch also announced

Russia's largest state-owned bank Sberbank is issuing a structured bond linked to the price of Bitcoin and the Dollar-Ruble exchange rate. According to Coindesk reports, this product will be prioritized for sale over-the-counter to selected eligible investors, and transactions will be settled in Rubles.

Sberbank plans to list this bond on the Moscow Stock Exchange in the future, and from June 4, it will also launch Bitcoin future products through its investment platform.

This move is interpreted as part of the strategy to expand the digital asset market within Russia and strengthen investment infrastructure based on domestic currency. Sberbank has already been consistently participating in the development of financial products using blockchain technology, and this bond issuance is in continuation of that effort.