{"id":29784,"date":"2025-06-02T13:19:10","date_gmt":"2025-06-02T13:19:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29784"},"modified":"2025-06-02T13:19:10","modified_gmt":"2025-06-02T13:19:10","slug":"russias-largest-bank-sberbank-launches-structured-bonds-tied-to-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29784","title":{"rendered":"Russia\u2019s Largest Bank Sberbank Launches Structured Bonds Tied to Bitcoin"},"content":{"rendered":"<div>\n<p>Sberbank, Russia\u2019s largest bank, has introduced a new structured bond that tracks the price of bitcoin BTC and the dollar-to-ruble exchange rate.<\/p>\n<p>Initially available over the counter to a limited pool of qualified investors, the bonds let holders earn based on two variables: the future performance of BTC in U.S. dollars and any strengthening of the dollar relative to the ruble.<\/p>\n<p>Investors can access these instruments without opening a crypto wallet or using foreign crypto exchanges, with all transactions being processed in rubles within Russia\u2019s \u201clegal and infrastructure systems.\u201d<\/p>\n<p>The bank plans to list similar structured products with cryptocurrency exposure on the Moscow Exchange, according to a recent <a href=\"https:\/\/www.sberbank.ru\/ru\/sberpress\/all\/article?newsID=75600ba9-38b3-4a30-a5e4-7cd58946f5fb&amp;blockID=1303&amp;regionID=77&amp;lang=ru&amp;type=NEWS\">announcement<\/a>.<\/p>\n<p>Sberbank, per the announcement, is also launching a bitcoin futures product via its SberInvestments platform on June 4, aligning with the launch of the product on the Moscow Exchange.<\/p>\n<p>The announcement comes just after the <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/29\/russia-says-financial-institutions-can-offer-crypto-linked-instruments-to-qualified-investors\">Bank of Russia said <\/a>financial institutions in the country can offer cryptocurrency-linked instruments to qualified investors.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sberbank, Russia\u2019s largest bank, has introduced a new structured bond that tracks the price of bitcoin BTC and the dollar-to-ruble exchange rate. Initially available over the counter to a limited pool of qualified investors, the bonds let holders earn based on two variables: the future performance of BTC in U.S. dollars and any strengthening of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29784","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29784"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29784\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}