Russia’s biggest bank bets on Bitcoin with new bond offering

Sberbank, the largest financial institution in Russia, has unveiled a new investment product tied to Bitcoin (BTC), marking a major step toward integrating cryptocurrency exposure within the country’s regulated financial system. The product, a structured bond, tracks the value of Bitcoin and is designed for qualified investors seeking crypto-linked returns without directly owning or storing digital assets. Returns on the bond are influenced by two factors: Bitcoin’s performance against the U.S source: https://finbold.com/russias-biggest-bank-bets-on-bitcoin-with-new-bond-offering/