Alfa Bank acted as the asset issuer, with a total redemption value of 29.8 million rubles.
According to company representatives, this hybrid asset offers the advantage of not requiring physical bullion storage costs, providing more flexible investment conditions and early sale opportunities.
Investors in this product have two options at redemption: receiving the equivalent value in money or receiving the physical bullion itself.
Alina Nazarova, the head of the A-Club, stated, “We have successfully combined the traditional asset of gold with innovative packaging. This makes the purchase more convenient while maintaining all the investment properties.”
The A-Token platform, developed by Alfa Bank, has facilitated over 70 digital financial asset issues, totaling more than 33 billion rubles.
In a similar move, Sberbank, a competitor of Alfa Bank, recently opened access to its DFA platform for individual investors. The Sberbank system currently registers 63 DFA issues, with a cumulative value of approximately 2 billion rubles.
Employees of Norilsk Nickel, a leading metallurgical company, are expecting dividend payments in CFA-nominated shares. The board of directors recommended the dividends for the end of 2023, a decision approved by shareholders.