MOSCOW: Russian blockchain company Atomyze has launched its first palladium -backed digital token produced by Nornickel, it said Monday.
Atomyze was the first Russian company to receive approval for a digital asset exchange in February, while the central bank has long expressed skepticism about cryptocurrencies.
“The emergence of Russia’s first industrial token marks the entry of the Russian economy into a new period – the era of tokenization,” businessman Vladimir Potanin said in a statement from Interros Holding, one of Atomyze’s investors and largest shareholder in metal producer Nornickel. .
“Unlike insecure cryptocurrency, where blockchain technology is used to optimize user anonymity, industry tokens and more are secured with physical assets, and the use of blockchain technology makes transactions with them secure,” he said.
Russian bank Rosbank, in which Interros also owns shares, and broker Vector X, became the first investors in the platform, Atomyze said in a statement.
