Sberbank issues Russia's first crypto-backed loan to bitcoin miner Intelion Data

Sberbank, one of Russia's largest and most prominent financial institutions, has taken a significant step in the world of cryptocurrency by issuing the country's very first loan that is backed by crypto assets, specifically targeting the rapidly growing sector of digital currency mining. This pioneering loan has been granted to Intelion Data, a well-established bitcoin mining company, showcasing both the bank's innovative approach to finance and the increasing integration of digital currencies into traditional banking systems in Russia. The move signifies a groundbreaking moment in the intersection of banking and blockchain technology, highlighting Sberbank's commitment to exploring new financial opportunities in the evolving landscape of cryptocurrency. source: https://www.coindesk.com/business/2025/12/29/sberbank-issues-russia-s-first-crypto-backed-loan-to-bitcoin-miner-intelion-data