Sberbank to Launch Pilot Project with Digital Financial Assets in 2025

Russia’s Sberbank plans to test mechanisms for the secondary market of digital financial assets (DFA) on its platform in the second quarter of 2025, according to a report by Interfax citing a statement from the bank.

The pilot project will be trialed on the DFA of the infrastructure holding company “Natsproektstroy.”

According to Sergey Popov, Director of the “Transactional Business” division, investors on Sberbank’s platform will be able to buy and sell assets, facilitating entry and exit from investments, as well as improving market liquidity and transparency.

The “Natsproektstroy” holding will offer two DFA issues totaling 2 billion rubles. The assets will allow investors to take advantage of early buyback options before the end of the circulation period.

For non-qualified investors, the issue will be available with an annual yield of 24.25% (term — 12 months). For qualified investors, it will be offered at the Bank of Russia’s key rate plus 2.025% (term — 24 months). The minimum entry threshold is 1,000 rubles.

The sale of assets will conclude on March 31, 2025. To purchase DFA, one must open an account with Sberbank, log into the platform using Sber ID, register, create a wallet, and fund it.

Back in January 29, the subsidiary of KAMAZ, “Digital Kilometer,” announced the issuance of an asset with the same name on Sberbank’s DFA platform.