Market Analysis

Sberbank Issues Russia’s First Crypto-Backed Loan in Pilot Deal With Major Bitcoin Miner

2 days ago

Sberbank has issued Russia’s first loan backed by

Sberbank has issued Russia’s first loan backed by crypto, extending financing to Intelion Data, one of the country’s largest bitcoin mining companies, in a pilot transaction that signals growing institutional interest in crypto-collateralized lending.

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Tags: backed, Crypto, extending, Financing, first, Intelion, issued, loan, Russia’s, Sberbank

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