Russia’s Sberbank Plans to Launch DeFi Platform by May 2023

• Sberbank, one of the largest banks in Russia, has announced its plan to launch a decentralized finance (DeFi) platform by May 2023.
• According to a press release, the platform will be launched for open testing as early as next month.
• The platform will be Ethereum-based and compatible with the Metamask wallet, according to the press release.
• Sberbank is a majority state-owned bank headquartered in Moscow, Russia.

This is a developing story and will be updated.