The value of each DFA is equivalent to the cost of an apartment in the Altufevskoye 53 residential complex, and the circulation period of the DFAs will extend until October 31, 2025. This innovative offering simplifies the process for prospective buyers, as the company handles tasks such as apartment search, registration of real estate transactions, and other technical aspects.
“Through the Atomize platform, investors can easily purchase a DFA within minutes, without being burdened by any additional procedures,” stated PIK.
Open to all investors, the DFA issuance requires a minimum purchase of 1/10 of the CFA, amounting to 9,000 rubles. When the DFA is repaid, each investor will receive a profit proportional to the increase in value of the associated apartment.
“Atomize made history by launching ‘digital square meters’ in May 2023. It is satisfying to witness the market’s interest in this product. The pilot release by a renowned developer lays the foundation for its widespread adoption,” commented Atomize CEO Alexey Ilyasov.
Notably, Sber, the largest state-owned bank in Russia, has also decided to grant access to the DFA platform for individuals, with testing currently underway among a select group of users.
Furthermore, Alfa Bank announced its intention to conduct two transactions involving CFAs between its platform and the Sber platform. These transactions serve as the first of their kind in the emerging Russian market of digital financial assets.