Started by nickel mining company Nornickel, Atomyze has become the first digital asset platform in Russia to receive regulatory approval.
The Central Bank of Russia said in a statement that Atomyze is the first digital asset company in the country to be approved by the central bank.
Atomyze will be able to legally issue tokens and provide wallets to users in Russia. The company uses blockchain technology based on Hyperledger Fabric.
Interros Group, the company of Vladimir Potanin, one of the richest in Russia, is one of the shareholders of Nornickel and Atomyze. Potanin is known as a big supporter of digital assets.
Russia passed a law in 2020 that allows licensed companies to issue digital assets, provided they are registered with central banks and report to the regulator.