KAMAZ launches digital asset on Sber's platform

A subsidiary of the KAMAZ automotive group, "Digital Kilometer," has decided to launch a digital asset with the same name on Sber’s digital financial asset platform. This was reported by the press service of the organization.

The program will support the production of trucks. The digital financial assets (DFAs) can be managed by employees of both companies, as well as a wide range of investors through the "Digital Kilometer" app. The minimum investment size is 1,000 rubles, with the expected return ranging from 20% to 23% annually, with quarterly interest accrual.

Additionally, investors will receive 2% annually in "Thank You" bonuses if the truck exceeds a specified mileage. The app will also allow users to track coupon payment dates and truck mileage.

Earlier, we reported that the Bank of Russia, the Ministry of Finance, and the Treasury tested certain operations with the digital ruble within the budgetary process at the end of last year.