The Russian market for digital financial assets exceeded $1.5 bln at the end of last year, according to the CFO magazine.
The Russian tokenization market continues to demonstrate stable growth, ending 2024 at over RUR 150 bln. This indicates continued investor interest in digital assets and a steady growth of the industry.
Tokenized financial instruments are becoming increasingly popular among investors due to their uniqueness and high yield. They provide opportunities to diversify portfolio, hedge against inflation and access new markets. Hybrid assets, which are combinations of different types of assets, are in particular demand among investors, as they help reduce risks and increase returns on investment.
One of the key areas for this market’s development is the use of tokenized assets in international transactions. Digital financial assets offer unique advantages such as fast transactions, low transaction fees and greater transparency, which makes them attractive for international payments and settlements. This should make Russian digital assets globally competitive and attract new investors from various countries.
“Digital financial assets are increasingly becoming the assets of choice for issuers who seek to raise financing by issuing tokens, as this achieves their goal faster, with lower organizational costs and, at times, at a lower interest rate compared to conventional bank loans,” notes Professor Artem Genkin, Founder and CEO of Consulting & Analytical Union.