Russian crypto-linked product investment remains stable at $52.7M

Russian investors have put approximately 3.8 billion rubles ($52.77 million) into financial products linked to cryptocurrency prices, Russian media outlet Bits reported, citing a Financial Stability Report from the country's central bank. The figure has remained nearly unchanged for six months, up slightly from 3.7 billion rubles in October of last year. The report also noted that the total market for crypto-linked bonds, including institutional investment, stands at 4.1 billion rubles ($56.94 million), with individual investors accounting for 42% of that total.