Alfa Bank will launch its platform for trading in DFAs by the end of the year
The bank itself will also act as an issuer of digital financial assets
19.09.2022 - 14:30
387
2 min
0
What’s new? Alfa Bank announced plans to launch its own investment platform, where digital financial assets (DFAs) will be offered for financial instruments of other companies. The initiative may be implemented by the end of 2022, the bank itself will also act as an issuer of similar products and provide access to different types of assets. Denis Dodon, Head of Center for Innovations Research & Development at Alfa Bank, told about this.
Information on the Frankrg website
What else is known about the initiative? According to Dodon, the key product of the new platform will be monetary requirements. It will include digital financial assets for bonds and securitization. Alfa Bank will also carry out an issue to raise capital.
What is known about the issue of DFAs in the Russian Federation? Sberbank, Atomyze, and Lighthouse are the registered operators for issuing DFAs in Russia, all three companies have already issued this type of assets. Moscow Exchange also announced the release of a DFA-based product by the end of the year. Diamond mining company Alrosa is discussing the possibility of issuing DFAs backed by diamonds.
In late August, Russian Prime Minister Mikhail Mishustin announced the need for the intensive implementation of digital financial assets for uninterrupted payment for exports and imports. Later, he instructed the Ministry of Finance and the Bank of Russia to agree on a position on DFAs, cross-border crypto payments, and mining by the end of the year.
Useful material?
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024