Sberbank Plans Crypto Trading Infrastructure and Digital Custody Launch This Year

Russia's Sberbank intends to deploy crypto trading infrastructure and a digital custody platform this year, managing ownership records and off-chain transactions for customer deposits and transfers.

Woofun AI reports that Sberbank of the Russian Federation intends to introduce cryptocurrency trading infrastructure, including a dedicated digital custody platform, within the current calendar year. The proposed system will record asset ownership and execute the majority of transactions outside the primary blockchain ledger. Sberbank will manage active wallets to facilitate customer-initiated deposits, withdrawals, and fund transfers.