Sberbank Issues First Loan Using Dynamic Crypto Assets as Collateral
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 31 2025- Loan Innovation: On December 28, 2025, Russia's largest bank, Sberbank, issued a pilot loan to Bitcoin mining firm Intelion Data using dynamically produced crypto assets as collateral, marking the first creditization of on-chain assets within the traditional banking system and advancing the financialization of crypto assets.
- Risk Control Framework: Sberbank employs its proprietary Rutoken custody solution to ensure that collateral assets cannot be freely transferred during the loan term, maintaining clear audit trails and enforceable liquidation procedures, thereby enhancing banks' acceptance of crypto assets.
- Growing Market Demand: As of Q3 2025, Bitcoin-backed loan balances on Coinbase exceeded $1 billion, reflecting strong institutional demand for crypto-collateralized financing and indicating a gradual recognition of on-chain asset creditization in global financial markets.
- Regulatory Collaboration: Sberbank's management emphasized that the loan is a pilot program, working closely with the central bank to refine the regulatory framework, ensuring the legal status of pledged assets and the enforceability of liquidation mechanisms, laying the groundwork for sustainable future development.
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.
