The Central Bank of Russia hopes to use tokenization solutions to allow foreign buyers to purchase shares of domestic companies.

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

Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, discussed this matter during a side event at a recent financial forum. When asked about the tokenization of Russian stocks, the central bank executive gave a positive response, calling it a "feasible option." However, Chistyukhin pointed out that overseas participants need to provide solutions at both the technical and platform levels. He stated: "In this area, foreign partners will play an important role. I am referring to those foreign entities interested in tokenizing Russian assets for trading overseas."