Moscow Exchange Senior Managing Director for Retail Business Igor Alutin said that the Financial Services marketplace, owned by the main Russian stock exchange, will open access to digitalized financial assets (DFAs) in the first half of 2025.

Igor Alutin said that the first releases of the DFA were successfully tested and showed that the product is ready for “further scaling.” Now the team is working to simplify the “client path” to transactions with digital assets, the top manager noted and called the DFA the “flagship product” of the exchange.

According to the managing director, about 160 financial companies are currently represented on the Financial Services marketplace, and the platform’s audience has exceeded 3 million clients:

“Changes in legislation, which will come into force in January 2025, will remove the two extra buttons that are now required when purchasing DFA. We want CFAs to be able to be purchased on Financial Services as easily as bonds.”

In June, Bank of Russia Chairman Elvira Nabiullina said that it was important to create conditions under which digitalized financial assets could be purchased “through one window,” regardless of what platform they were issued on.

Earlier, the Russian Minister of Finance, speaking at the forum “New Economic Policy 2.0: from adaptation to breakthrough,” said that systems using DFA and similar tokens will replace other payment systems.