D3 Unveiled: Russian Depository Seeks Big Money Investors for Crypto Tokens

Russia’s National Settlement Depository (NSD) has revealed new details about its plan to build a blockchain-based depository for safeguarding crypto assets.

Related exclusively to CoinDesk, the newly dubbed Decentralized Digital Depository (D3) is being designed to provide institutional investors a compliant way to own cryptocurrencies and cryptocurrency tokens. First disclosed earlier this year, the project was only in the ideation phase, with the biggest question being whether or not the central securities depository would be legally allowed to deal with crypto assets…

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