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Russia’s Sberbank to Kick Off Its DeFi Platform In The Coming Days

Sberbank DeFi Platform

Russia’s biggest bank, Sberbank, is going ahead with its plan to launch its DeFi platform. The bank is now preparing to test out the product within the next few months. Sberbank to Launch Its DeFi Platform By May 2023 The head of Sberbank’s Blockchain Lab, Konstantin Klimenko, has said that the financial institution anticipates launching its DeFi platform by May 2023 and begin open testing of its platform in March, with the goal of beginning commercial operations by the end of April. Klimenko further added that Sberbank’s DeFi platform would be built on the Ethereum blockchain, which is now the second-largest

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