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Billionaire’s Crypto Binge: Russia’s Richest Man to Tokenize Palladium

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Russian billionaire Vladimir Potanin wants to launch cryptocurrency tokens pegged to the precious metal palladium. Potanin also wants to establish a regulatory framework for digital platforms in order to promote crypto use in Russia. “Transactions in tokens are simpler and more convenient,” Potanin said, as reported by Bloomberg. “People more and more tend to use decentralized networks and platforms that don’t have a main operator. We want to be active participants of this process.” Potanin Plans Initial $5 Million Investment Potanin — whose net worth tops $18 billion — is the richest man in Russia and the CEO of Norilsk

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