DIGITAL FINANCIAL ASSETS MARKET IN RUSSIA: CURRENT STATE AND DEVELOPMENT PROSPECTS

Author(s): Gavrilova E.N., Slautina E.D.

Rubric: Economy

DOI: 10.21777/2587-554X-2025-2-37-46

Release: 2025-2 (53)

Pages: 37-46

Keywords: digital financial assets, DFA, application of DFA, financial assets, operators of information systems, OIS, utili- tarian digital rights, UDR

Annotation: The article describes the stages of development of the digital financial assets market. The chronological sequence of development of the digital financial assets market is described, and the regulatory framework regulating the issue and circulation of digital financial assets are considered. The analysis of the digital financial assets market is carried out, within the framework of which the volume and number of issues of digital financial assets in the period from 2022 to 2023 are considered. The forecast for 2024 by volume and number of placements is presented, information system operators are analyzed by volume and number of transactions, leaders are identified, issuers are analyzed by number and volume of issues, market shares of leading issuers by volume of outstanding issues are considered. An example of the practical application of various types of digital financial assets by companies (digital financial assets for the right to demand money, hybrid digital financial assets, digital financial assets as a tool for motivating employees, digital financial assets for a non-interchangeable token, digital financial assets for the market value of an asset, digital financial assets for the market value of an asset with guaranteed income) is considered. The article presents visible prospects for the development of the digital asset market.

Bibliography: Gavrilova E.N., Slautina E.D. DIGITAL FINANCIAL ASSETS MARKET IN RUSSIA: CURRENT STATE AND DEVELOPMENT PROSPECTS // Economics and Management. – 2025. – № 2 (53). – С. 37-46. doi: 10.21777/2587-554X-2025-2-37-46