Russian Bank T-Bank to Offer ‘Blockchain Token Investment’

The Russian banking behemoth T-Bank (previously Tinkoff Bank) will develop blockchain-powered token “investment” products.

RBC claimed that T-Bank's new range is their “entry into the digital financial assets market”.

The bank expects its blockchain-powered token “products” and “a fully fledged infrastructure for trading” to be accessible to ordinary investors by 2025.

Large Russian Bank Enters Blockchain
Atomyze, a Moscow-based blockchain-focused company financed by Norilsk Nickel, will collaborate with the bank.


T-Bank received DFA launch license from the Russian Central Bank in March.

In recent months, T-Bank competitors Sberbank and Alfa-Bank have entered DFAs.

T-Bank confirmed that premium clients may trade DFA before year's end.


A broad deployment will begin in early 2025. The bank calls its new products “smart assets,” using blockchain and smart contracts.

According to the bank, this would “reduce costs and create fundamentally new products” that “are not currently available on the traditional finance market.”

T-Bank claimed that investors would have “access to a full-fledged secondary market” with “market makers and constant liquidity.”


What Are Russian DFAs?

Russian law defines digital financial assets (DFA) as tokenized physical and financial assets.

They employ blockchain technology but not public blockchain networks, therefore they are not RWA.

Instead, issuers construct and distribute them on private blockchains under Central Bank oversight.

T-Bank stated its first range contains “eight pilot instruments” with “a declared potential yield of up to 27.5% per year.”

They'll be released on Atomyze. In March, the US sanctioned Atomyze and Lighthouse, another DFA issuer.

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