Sber to launch daily-yield digital asset with overnight investment option
- —Income accrues daily via revaluation of the asset held in the investor's digital wallet
- —The instrument is available only to qualified investors
- —The product resembles money market funds and is aimed at short-term liquidity management
- —Sber is on the Bank of Russia's crypto exchange registry and plans BTC, ETH and USDT trading from December 1
Why it matters: Russia's largest bank is expanding its digital asset lineup alongside a crypto trading launch, reinforcing institutional crypto adoption in the country.
Source: BeInCrypto RU
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