Russia’s largest bank turns its sights to gold-backed digital financial assets
Sber says digital financial assets are "great alternatives" to regular investments, with a format of "digital gold" with the potential to diversify the market.
Sber says digital financial assets are "great alternatives" to regular investments, with a format of "digital gold" with the potential to diversify the market.
Sber executed a billion rubles (around $16 million) digital financial asset issuance with its subsidiary SberFactoring as the platform's first transaction on July 9.
The state-owned Sber recently rebranded from Sberbank to become a leader in technology and financial technologies, rather than solely in banking.