In Russia, the first digital financial assets (DFA) have appeared, which are secured by residential real estate. In this respect writer Kommersant newspaper.
As noted in the publication, the first release of such DFAs in Russia took place on the Atomize platform. Samolet Plus CFA LLC (part of the Samolet development group) became the issuer.
“One CFA is equivalent to 1 square metre. m in the residential complex “Zapadny Quarter” (estimated cost 233 thousand rubles). Issue volume is 10.4 CFA, they cater to a limited number of qualified investors as determined by the issuer. The planned repayment of the issuance with the money obtained from the sale of the flat allocated for the guarantee is foreseen on 31 December 2025.”
Experts interviewed by the newspaper stated that with the help of the CFA, you can buy real estate for investment and lower the threshold for entering a transaction. In this case, even the registration of real estate is not required, as in the case of a mortgage for the purchase of investment housing. However, experts say that the diversification of investments is limited and, on the contrary, the price dispersion is large. Therefore, in their view, legal mechanisms will need to be developed to protect investors.
DFA are records (tokens) recognized by Russian law in the blockchain system, which assume that their holders have digital rights. Digital rights are a type of property right. It allows you to carry out any transaction provided for by the Civil Code of the Russian Federation with digital assets: purchase, sale, exchange, gift, inheritance.