Russia’s issuance of digital financial assets could reach 10 trillion rubles (approximately $101.36 billion) by 2026, according to Sberbank Deputy Chairman Anatoly Popov. Speaking in Moscow, Popov noted that the current market volume for digital financial assets in Russia has already surpassed half a trillion rubles in 2024, reflecting significant growth. He projected that this figure will exceed 1 trillion rubles in the first quarter of 2025, potentially reaching 3 trillion rubles by year-end. Digital financial assets in Russia refer broadly to digital representations of various financial assets, which can include tokenized assets, securities, and other forms of digital finance regulated under Russian law. These are distinct from the digital ruble, which is a central bank digital currency (CBDC). Popov’s forecast highlights an anticipated surge in digital financial asset activity in Russia over the next few years.
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