"The digital financial assets market is at the beginning

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attracted 88.7 billion rubles by the end of Q1 2024: "These were mainly cash claims, most of them with a maturity of up to six months. They accounted for over 80% of the total DFA issue."

of its development, and against turkey whatsapp resource the background of increasing interest in the digital financial assets market and a low base, the market volume is growing rapidly. In 2022, pilot issues were carried out, when the first issuers and buyers of digital financial assets tested the advantages of such transactions, and already in 2023, 59 thousand transactions for the acquisition of digital financial assets with an issue for a total of 64 billion rubles took place on the platforms of information system operators (ISO), and for the first quarter of 2024 - already 24.7 billion rubles. The total value of secondary transactions concluded in 2023 amounted to over 1 billion rubles," the Central Bank report says.

When asked by a ComNews correspondent which organizations had the largest volume of transactions with digital financial assets in the first quarter of 2024, a representative of the Central Bank’s press service said that the regulator does not disclose detailed information on the volume of transactions with digital financial assets.

Freedom Finance Global analyst Vladimir Chernov said that the issue of digital financial assets in the first quarter of 2024 amounted to 38.2% of all digital financial assets issued last year, and by the end of the current year it could exceed last year's rate by one and a half to two times. "But since the digital financial assets market is at the very beginning of its development, the current growth rate of the number of issued assets could be higher, given the effect of the low base of last year," the analyst emphasized.

Valery Petrov, a member of the expert council of the Russian Association of Cryptocurrency and Blockchain (RACIB), noted that the volume of the digital financial assets market is growing not only because this sector of the financial market is only developing, but also because the current yield of digital financial assets makes this instrument more attractive due to the high refinancing rate of the Central Bank. "This thesis is confirmed by the fact that the majority of the current market volumes are debt digital financial assets. Let me remind you that since the beginning of 2024, there have been about 236 issues with a total volume of more than 115 billion rubles, and the demand for them was high, including due to the fact that their yield was higher than the average for ordinary bank deposits," he said.

Valery Petrov believes that the market has no complaints about the work of the digital financial instruments and their reliability is high. "Everyone can experience the specifics of their work by working with one or another operator. In terms of who I would like to highlight, these are, first of all, operators who launch and implement new, relevant tools. We are talking about innovative tools in the digital financial instrument market. I will give two examples: firstly, this is the experience of the digital financial instrument platform "Atomize", which, together with the Russian data center operator BitRiver, issued digital financial instruments linked to the price of income from renting out a data processing center (DPC). And the second direction, which is very important, in my opinion, is the release of innovative digital financial instruments linked to the price of the residential real estate index in Moscow from PAO Sberbank," said Valery Petrov.