Central Bank of Russia: Tokenization will allow foreigners to buy domestic shares

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The Central Bank of Russia is considering using tokenization to allow foreign investors to purchase shares of domestic companies, helping to circumvent international sanctions. First Deputy Chairman Vladimir Chistyukhin stated that this is a “viable solution,” while emphasizing the role of foreign partners in developing a platform for tokenizing Russian assets for trading abroad.

Previously, Mr. Sergei Shvetsov from the Moscow Exchange also stated that tokenization could help foreign investors access Russian stocks without the need to use sanctioned financial infrastructure.

A representative from Sovcombank stated that this technology is suitable for investors from BRICS, UAE, or Kazakhstan, while Cifra Markets believes that tokenization helps small investors buy high-priced stocks and promotes the integration of the Russian market into the global digital financial system.

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