Russia’s Central Bank Explores Tokenization to Open Domestic Shares to Foreign Investors
Russia’s Central Bank is advancing plans to leverage tokenization, enabling foreign investors to purchase shares in domestic companies through blockchain-based solutions. First Deputy Chairman Vladimir Chistyukhin endorsed the approach as a "possible option," emphasizing the need for technical collaboration with overseas partners to facilitate the platform infrastructure.
The initiative follows proposals from Moscow Exchange officials, who view tokenization as a viable workaround for sanctions compliance. Market participants suggest the model could attract significant interest, though implementation hinges on cross-border coordination and regulatory alignment.