Nornickel unveils first tokens for employee rewards

“Digital assets” issued the first DFA for participants in Nornickel’s corporate programme. reported by company representatives.

Each employee with at least one year’s tenure as of January 1, 2023 will be able to purchase minetoken tokens, pegged to the value of the company’s shares, using funds provided by the employer.

The first participants in the pilot program have already submitted applications to receive DFAs.

The longer an employee has tenure, the more tokens they receive. The latter also confer rights to dividends that Nornickel may pay.

After a year of holding minetoken, one will be able to sell them on the Atomyze platform or acquire additional digital assets from personal funds.

“The implementation of the first phase of the program will allow our employees to become acquainted with a new financial instrument, ultimately obtaining additional income from profits or the rise in share price,” said Daria Kryachkova, Nornickel’s vice president for human resources.

Earlier in February 2022, the token issuer of Nornickel — the tokenisation platform Atomyze — became the first to receive a license from the Bank of Russia to issue DFAs.