The launch of Sberbank’s Bitcoin-linked bonds sparked geopolitical commentary highlighting Russia’s lead in institutional crypto adoption and its strategic appeal to BRICS nations.

Quotes that support claims

The launch also triggered geopolitical commentary: ‘It appears that Russia has just soft-launched BitBonds through Sberbank — while the USA continues to drag its feet,’ posted the pseudonymous trader British HODL.

Analyst Justin Bechler argued that the instruments give ‘BRICS sovereigns and institutions instant access to Bitcoin exposure with zero friction.’