Sberbank Explores Launching Crypto-Backed Ruble Loans
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 31 2025- Crypto Loan Exploration: Sberbank is considering launching ruble loans backed by cryptocurrency, with Deputy Chairman Anatoly Popov stating the bank is ready to collaborate with regulators to establish the necessary legal and technical framework, which could lead to the announcement of the first crypto-backed loan deals soon, marking a significant shift in Russia's traditional banking sector.
- Digital Asset Expansion: Since the beginning of the year, Sberbank has issued over 160 digital financial assets, including products linked to real estate and oil, indicating that the bank is actively testing blockchain-based financial services at scale, thereby advancing its digital asset business.
- Alignment with National Strategy: The plans for crypto-backed loans align with Russia's broader discussions on cryptocurrency use at the state level, as President Putin confirmed talks about Bitcoin mining at the Zaporizhzhia nuclear power plant, utilizing surplus electricity for mining operations, showcasing Russia's intent to integrate crypto into its financial and energy strategies.
- New Funding Options: If successfully launched, crypto-backed loans could provide new funding avenues for businesses and investors, especially as access to traditional global finance remains limited, potentially reshaping the market landscape.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
