The first digital assets guaranteed by gold will be released, according to Russia's largest bank.

This December 27, Sber, previously Sberbank, the largest bank in Russia, announced the release of a number of digital assets

By developing these assets, the company hopes to attract more corporate users to its platform

Potential investors will have access to 150,000 digital assets through the bank, with pre-sale purchases permitted through July 30, 2023.

No information was provided on the purchase of these assets or a potential "whitelist" for registration.

Every digital asset, including cryptocurrencies and NFT, derives its value from some type of fiat money, with the dollar being the most prevalent.

The first digital asset whose value will be determined by the price of gold has been created by Sber.