Sber issues DFAs worth 10 million rubles for Glavstroy Group

“Sber” released digital financial assets (DFA) for the large Moscow developer—the Glavstroy Group. reports the bank’s press service.

Term for the redemption of monetary claims — 30 days; interest rate — 9.5% per year.

For the Glavstroy Group this is the first fundraising through DFAs. The volume of the pilot issue was 10 million rubles; in the future the company did not rule out issuing DFAs amounting to up to 500 million rubles.

Bank representatives added that large developers are showing growing interest in financing projects via token issuance.

Earlier, Sber announced the possibility of conducting operations with DFAs on its platform for individuals.