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‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

Updated: 20 August 2021

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The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain platform provided by the country’s National Settlement Depository powered

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Samburaj Das

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‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

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