At the conference “FI day. Blockchain: on the threshold of the financial era,” the chairman of the board of Sberbank said that digital financial assets (DFAs) will become very popular among market participants in Russia.

German Gref emphasized that the global tokenized market will reach a capitalization of $16 trillion by the end of 2030, and investments in this sector will become increasingly significant.

“I think that this technology in Russia, taking into account the legislative initiatives that were implemented by the government this year, will also lead to digital financial assets gaining enormous popularity,” Gref said.

According to the head of Sberbank, this opens up great prospects for both companies and financial institutions.

Note that the volume of digital financial assets issued over the nine months of this year amounted to approximately 316 billion rubles (470 issues), with a forecast of 125 billion rubles. At the same time, the market is now showing small volumes of secondary DFA trading – about 3 billion rubles in the first nine months, which is caused by low liquidity.

Earlier, German Gref said that the Russian government should soften its attitude towards blockchain supervision and listen more to the opinions of entrepreneurs working in the digital economy.