Russia's largest bank Sber offers Bitcoin-linked bonds.

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Sberbank – the largest financial institution in Russia – has just launched bonds linked to Bitcoin, tracking the price fluctuations of BTC and the USD/RUB exchange rate. The product is currently available on the OTC market for professional investors and is expected to be listed on the Moscow Stock Exchange to enhance transparency and liquidity.

According to Sber, this structured bond allows investors to benefit from the price fluctuations of Bitcoin against USD and the strengthening of the USD against the ruble. All transactions are conducted in rubles, within the domestic legal framework, without the need for a cryptocurrency wallet or decentralized platform.

In addition, Sber will provide simulated cryptocurrency trading products on the SberInvestments platform, starting with Bitcoin futures — expected to list on June 4 when the Moscow exchange officially launches.

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