Sber Issues First Cryptocurrency-Backed Loan

RBK-crypto2025-12-26 tarihinde yayınlandı2025-12-26 tarihinde güncellendi

Özet

Sberbank has conducted a pilot transaction by issuing a loan to the Russian mining company "Intellion," using the miner's own cryptocurrency as collateral. The bank utilized its proprietary cryptocurrency storage solution, which incorporates the "Rutoken" hardware system. Sberbank estimates that such a product will be relevant not only for miners but also for any companies holding crypto assets. Earlier, Anatoly Popov, Deputy Chairman of Sberbank's Management Board, stated in an interview that the bank already offers clients structured bonds and digital financial assets (DFAs) with exposure to Bitcoin, Ethereum, and baskets of crypto assets. The bank is testing DeFi instruments and supports the gradual legalization of cryptocurrencies within the Russian regulatory framework. A similar practice is emerging in the United States. In October, Bloomberg reported that JPMorgan Chase plans to allow institutional clients to use Bitcoin and Ethereum directly as loan collateral, with the cryptocurrencies held by a third-party custodian. This new service expands on the bank's existing practice of accepting shares of crypto ETFs as collateral. Furthermore, Bloomberg reported that JPMorgan plans to begin offering cryptocurrency trading to its institutional clients, a move attributed to growing client interest following regulatory changes in the U.S.

Sberbank has conducted a pilot deal to provide a loan to the Russian mining company "Intellion," according to the bank's website. The loan was secured by cryptocurrency mined by the company itself, the credit institution stated.

In the transaction, Sber used its own development for storing cryptocurrency, utilizing the "Rutoken" hardware solution.

According to the bank's assessment, such a product will be relevant not only for miners but also for any companies that own crypto assets.

Earlier, Anatoly Popov, Deputy Chairman of the Board of Sberbank, stated in an interview with "RBC-Crypto" that the bank already offers clients structured bonds and digital financial assets (DFAs) with investments in Bitcoin, Ether, and baskets of crypto assets, is testing DeFi tools, and supports the gradual legalization of cryptocurrencies within the Russian legal framework.

A similar practice is emerging simultaneously on the American market. In October, Bloomberg, citing sources, reported that the largest U.S. bank, JPMorgan Chase, plans to allow institutional clients to use Bitcoin and Ethereum directly as collateral for loans. The cryptocurrencies will be held by a third-party custodian company. The new service expands the bank's existing practice: in June, JPMorgan began accepting shares of cryptocurrency ETFs as collateral.

Earlier this week, Bloomberg reported that JPMorgan plans to begin offering cryptocurrency trading to its institutional clients. The publication's sources linked this to the growing interest from the bank's clients following regulatory developments in the U.S.

Trust Wallet users lost $7 million in cryptocurrency due to a hack

Breaking the cycle. How the price of Bitcoin changed over 10 years at Christmas

AI outperformed humans in a crypto trading tournament. What were the results?

İlgili Sorular

QWhich Russian bank issued the first cryptocurrency-backed loan?

ASberbank (Sber) issued the first cryptocurrency-backed loan.

QWhat was the name of the Russian mining company that received the pilot loan from Sber?

AThe Russian mining company that received the pilot loan is called 'Intilion'.

QWhat technology did Sber use to store the cryptocurrency collateral for the loan?

ASber used its own development for storing cryptocurrency, which utilizes the 'Rutoken' hardware solution.

QWhich major US bank is also developing a similar service to allow institutional clients to use Bitcoin and Ethereum as loan collateral?

AJPMorgan Chase, the largest bank in the US, is planning to allow institutional clients to use Bitcoin and Ethereum as collateral for loans.

QAccording to the article, what other crypto-related financial products is Sberbank already offering to clients?

ASberbank is already offering clients structured bonds and digital financial assets (DFAs) with investments in Bitcoin, Ethereum, and baskets of cryptoassets. They are also testing DeFi tools.

İlgili Okumalar

278K more Ethereum validators line up to join – Early FOMO building?

Despite a range-bound crypto market and Ethereum (ETH) consolidating between $2.6k and $3k, early signs of FOMO are emerging. For the first time in four months, Ethereum validators are net positive, with 278,935 more validators waiting to join than exit. This growing confidence is reinforced by long-term staking moves, such as BitMine staking an additional 79k ETH ($232M). However, short-term uncertainty persists, as exchange reserves and ETF outflows continue. While it's too early to call a bottom, the validator surge marks a potential starting point for ETH's transition from short-term to long-term holder dominance.

ambcrypto52 dk önce

278K more Ethereum validators line up to join – Early FOMO building?

ambcrypto52 dk önce

CoinGecko Ranks Crypto Narratives by ROI — Here’s Which Sector Delivered the Best Returns

CoinGecko's 2025 crypto narrative performance report reveals a significant shift from the previous year, with only three sectors posting positive returns. Real World Assets (RWA) dominated with an impressive 185.76% average year-to-date return, driven by institutional adoption and favorable regulatory developments for tokenized securities. Layer 1 blockchains followed with 80.31% returns, while "Made in USA" projects gained 30.62%. In stark contrast, previously high-flying narratives like memecoins (-31.61%) and AI (-50.18%) recorded substantial losses despite remaining popular among investors. The report highlights a market rotation away from speculative, retail-driven themes toward sectors with real-world utility and institutional backing. This trend is further evidenced by steep declines in Gaming and DePIN narratives, which saw the worst performances. The data suggests a maturing market where fundamental value and regulatory clarity are becoming more important than hype.

ccn.com1 saat önce

CoinGecko Ranks Crypto Narratives by ROI — Here’s Which Sector Delivered the Best Returns

ccn.com1 saat önce

Coinbase Discloses Arrest Of Former Customer Agent Over Data Breach — Report

A former Coinbase customer service contractor has been arrested in India for their involvement in a data breach at the cryptocurrency exchange. The incident, which occurred earlier in the year, involved hackers bribing customer service representatives to gain access to sensitive user information. Coinbase CEO Brian Armstrong confirmed the arrest by Hyderabad Police and stated that more arrests are expected. The breach, initially disclosed by Coinbase in May, was estimated to potentially cost up to $400 million. Reports indicate an employee of the outsourcing firm TaskUs was caught photographing customer data to sell to hackers. This arrest marks a significant step for Coinbase, which faced multiple security challenges in 2025, including over $65 million lost to social engineering exploits and a separate $16 million phishing scheme. The exchange aims to improve platform security for its users in 2026.

bitcoinist1 saat önce

Coinbase Discloses Arrest Of Former Customer Agent Over Data Breach — Report

bitcoinist1 saat önce

XRP: ETF ‘green days’ fade as leverage hits $450mln – This hints at…

The initial wave of ETF-driven demand for XRP is fading, as daily inflows have slowed significantly despite total assets remaining elevated. This slowdown coincides with key support structures weakening. Long-term holders (LTHs) have been reducing their holdings, with one cohort's share of supply dropping sharply from 14.26% to 5.66% in a month, indicating profit-taking or exit. Concurrently, Open Interest (OI) on Binance has plummeted to $450 million, its lowest since November 2024, signaling widespread closure of leveraged long positions and a reduction in speculative trading. With both institutional accumulation and steady holder support thinning, XRP is losing its structural price support. Unless demand returns, the next price move may be driven by a lack of confidence, leaving it fragile and reactive.

ambcrypto2 saat önce

XRP: ETF ‘green days’ fade as leverage hits $450mln – This hints at…

ambcrypto2 saat önce

Ethereum Sees Record-High Activity In 2025 Derivatives Market — Here’s How Much Was Traded

Ethereum's derivatives market reached record-high activity in 2025, with futures trading volumes surging across major exchanges. Over $6.74 trillion in ETH futures volume was traded on Binance alone—nearly double 2024’s record. Other platforms, including OKX, Bybit, and Bitget, also reported unprecedented volumes, reaching $4.28T, $2.15T, and $1.95T, respectively. Analyst Darkfost highlighted that ETH saw $5 in futures trading for every $1 in spot trading—a clear indicator of extreme speculation and high leverage. This derivatives-driven activity made Ethereum one of the world’s most traded assets in derivatives markets but also contributed to amplified and volatile price movements. Despite the record trading levels, ETH’s price remained unstable, down over 40% from its all-time high and trading around $2,932 at the time of reporting.

bitcoinist3 saat önce

Ethereum Sees Record-High Activity In 2025 Derivatives Market — Here’s How Much Was Traded

bitcoinist3 saat önce

İşlemler

Spot
Futures

Popüler Makaleler

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların A (A) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.

活动图片