The Central Bank of Russia hopes to use tokenization solutions to allow foreign buyers to purchase shares of companies in the country

ChainCatcher news, according to Cryptonews, the Central Bank of Russia hopes to utilize tokenization solutions to allow foreign buyers to purchase shares of domestic companies.

Vladimir Chistyukhin, the First Deputy Governor of the Central Bank of Russia, discussed this matter at a recent financial forum side event. When asked about the issue of tokenizing Russian stocks, the central bank executive responded positively, calling it a "viable option." However, Chistyukhin pointed out that overseas participants need to provide technical and platform-level solutions. He stated, "In this area, foreign partners will play an important role. I am referring to those foreign entities that intend to tokenize Russian assets for buying and selling overseas."