Russia Oligarch Launching Palladium Backed Token (Beware; Loose News)

GNews

GNews

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So apparently, a Russian Oligarch is launching a Palladium backed token.

Reported by CoinTelegraph, this is only based off THE NEWS.... keep this in mind.

Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022.
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This is in conjunction with local bank, Rosbank.

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

Anyone heard of this in depth?
 
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