Sberbank has announced the launch of a perpetual digital financial asset (CFA) based on a basket of two leading cryptocurrencies — bitcoin and Ethereum. The tool is designed for qualified investors and will be presented in equal shares: 50% BTC and 50% ETH.
It allows you to invest in crypto assets in rubles, avoiding direct purchases. Thus, investors are freed from the technological risks and complexities associated with operations on crypto exchanges.
New financial instruments linked to leading cryptocurrencies open up additional prospects for market development and expand the capabilities of institutional players, the representative of the bank summed up.