Backed by a sanctioned Russian oligarch, Atomyze became Russia’s initial legal digital quality manager, obtaining registration from the central bank in February 2022. 


The Russian government-backed tokenization platform Atomyze has issued its initial digital quality backed by palladium in collaboration with the local bank Rosbank. 

Rosbank formally proclaimed on Monday that it became the primary partner of the Russian blockchain firm Atomyze, acting as an investor in Russia’s initial digital asset modify palladium. 

According to the announcement, the fresh issued digital quality is that the initial digital monetary quality (DFA) issued through Atomyze. The platform obtained registration from the Bank of Russia in February 2022, turning into the country’s initial legal digital quality manager. 

Both Atomyze and Rosbank are backed by Interros, a Russian conglomerate and fund co-founded by sanctioned swayer Vladimir Potanin. The CEO of the Russian nickel and palladium mining and smelting company Nornickel originally announced plans to tokenize metallic element back in 2019 through a Switzerland-based palladium fund. 

According to associate announcement by Interros, Atomyze can function a key part of Interros’ digital system as well as Potanin’s recently noninheritable  non-public bank Tinkoff, package engineering firm Reksoft and Rosbank. 

“This could be a actually important event. Russian businesses and people have the chance to speculate during this metal,” Potanin said within the announcement. The event also marks Russia’s economy coming into a new amount, the “era of tokenization,” the oligarch noted.

( Helen Partz, Cointelegraph, 2022 )