🎉 Russia🇷🇺: T-Bank launched the first digital financial assets (CFDs) based on Bitcoin

Morgan Ellis

🎉 Russia🇷🇺: T-Bank launched the first digital financial assets (CFDs) based on Bitcoin

The total issuance of CFDs will be 1000 units, with a volume equivalent to the value of one Bitcoin (BTC). The circulation period is 1 month.

➡️ For whom❓ — This new financial asset is available exclusively for qualified investors. According to the bank, it can be purchased through the "T-Inversiones" app.

➡️ At what price❓ — The purchase price is determined in rubles, based on a consolidated exchange rate that considers several exchanges and the dollar quotation on the asset's issuance date. Among the sources used for this calculation are CoinGecko, CoinMarketCap, and NASDAQ. The conversion to rubles is done according to the official dollar rate set by the Central Bank of Russia. At maturity, the amount paid will increase by 2%.

➡️ Additional details — The CFDs cannot be split or redeemed early at the investor’s discretion. However, they may be traded on the secondary market.

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