The Moscow Exchange has unveiled plans to issue blockchain-based digital financial assets (DFA) by 2024, aiming to democratise real estate investment. Sergei Kharinov, the director of digital assets at the exchange, announced this initiative, which seeks to provide a new funding avenue for real estate developers and make real estate investments more accessible to a wider range of investors.
Key points regarding this initiative include:
The Moscow Exchange’s initiative aligns with global trends in leveraging blockchain technology to create new investment opportunities and make traditionally illiquid assets, like real estate, more accessible to a broader range of investors.
Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.