Russian Bank Issues Digital Assets Tied to Bitcoin Value

T-Bank’s new crypto investment tool allows qualified investors to buy digital financial assets linked directly to the price of Bitcoin—no wallet required.

Russia’s T-Bank has launched a new line of digital financial assets (DFAs) designed for cryptocurrency investments. According to TASS, citing bank documentation, these assets are accessible through the bank’s mobile app without the need to open a traditional account or manage crypto wallets.

Access is limited to qualified investors, in line with requirements set by the Central Bank of Russia. Each DFA represents 0.001 Bitcoin.

T-Bank emphasizes that this investment mechanism is safe and fully compliant with Russian law. Buyers of these smart assets gain a digital right to receive the market value of their Bitcoin-equivalent share. The bank has pre-purchased and securely stored the actual Bitcoin backing each asset in a protected infrastructure.

The value of each smart asset is pegged to the ruble and calculated based on Bitcoin prices across multiple exchanges and the U.S. dollar exchange rate at the time of issuance. DFAs are valid for one month, after which the issuer redeems them at their market value in rubles based on the current Bitcoin exchange rate.