Sberbank Stands Ready to Offer ICO Services to Clients

Russia’s largest lender, state-owned Sberbank, and the National Settlement Depository (NSD) have completed their first initial coin offering (ICO) trial within the regulatory sandbox launched by the Central Bank of Russia in April to create a safe environment for experimenting with blockchain-based products and services. Following the successful test, Sberbank and the NSD are ready to provide their clients with token sale-related services, according to an official press release by the lender.

As part of the trial, LevelOne, the largest commercial lecture center in Moscow, issued 285,800 tokens…

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