Sberbank, Russia's largest bank, introduced a bitcoin-linked structured bond in June 2025, offering qualified investors exposure to BTC's price movements. The bond's returns are tied to Bitcoin's USD performance and the USD/RUB exchange rate. Transactions are processed in rubles within Russia's legal framework, eliminating the need for crypto wallets or foreign exchanges.
Sberbank also announced plans to list similar cryptocurrency-linked products on the Moscow Exchange. Furthermore, a Bitcoin futures product launched on SberInvestments on June 4, coinciding with its Moscow Exchange debut. This follows the Bank of Russia's recent allowance for financial institutions to offer crypto instruments to qualified investors.
According to Interfax, Sberbank is developing structured bonds whose yields will be tied to cryptocurrency price movements. Sberbank Executive Board Deputy Chairman Anatoly Popov mentioned that the bank will soon present investors with a product that provides convenient and secure exposure to cryptocurrency assets without direct ownership of cryptocurrencies, while fully complying with regulatory requirements on Russian infrastructure. Investment will be available through structured bonds with returns linked to cryptocurrency price dynamics.
The Bank of Russia reported a 51% increase in crypto asset inflows by Russian residents in the first quarter of 2025, totaling 7.3 trillion rubles.
This article is based on our author's analysis of materials taken from the following resources: www.interfax.ru and www.coindesk.com.