{"id":51950,"date":"2021-10-29T09:20:05","date_gmt":"2021-10-29T06:20:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51950"},"modified":"2025-09-03T02:29:32","modified_gmt":"2025-09-02T23:29:32","slug":"russia-to-develop-spac-style-mechanism-to-attract-investment-through-digital-asset-placements","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/russia-to-develop-spac-style-mechanism-to-attract-investment-through-digital-asset-placements\/","title":{"rendered":"Russia to develop SPAC-style mechanism to attract investment through digital-asset placements"},"content":{"rendered":"<p>Russia&#8217;s Ministry of Economic Development is developing a bill to create a scheme for attracting investment through <span data-descr=\"Special-purpose acquisition company \u2014 a company specialized in targeted mergers and acquisitions. SPAC is considered as an alternative to an IPO.\" class=\"old_tooltip\">SPAC<\/span>-companies. This, <a href=\"https:\/\/iz.ru\/1241602\/evgenii-kuznetcov\/raspacovka-investitcii-vlasti-khotiat-uprostit-kompaniiam-vykhod-na-birzhu\">\u0441\u043e\u043e\u0431\u0449\u0430\u044e\u0442<\/a> \u00abIzvestia\u00bb.<\/p>\n<p>In the ministry&#8217;s plan, regulation should simplify access to the exchange for private companies.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abThis mechanism will enable attracting investors&#8217; funds into promising companies through the placement of shares or digital assets of the newly created project company (SPV),\u00bb the Ministry of Economic Development&#8217;s press service said.<\/p>\n<\/blockquote>\n<p>Currently, exchange-traded and crowdfunding mechanisms are used for this. The use of SPAC companies will allow domestic private firms to \u201cmore easily find sources of financing \u2014 the initiative will save them time and money on listing,\u201d added the Ministry of Economic Development.<\/p>\n<p>According to an excerpt from the roadmap seen by the publication, SPACs are intended to invest in the shares of promising companies at the originator&#8217;s discretion, who is typically a successful investor with a business reputation.<\/p>\n<p>Regulation will require such SPACs to keep raised funds in escrow accounts, impose investor qualification requirements, set a maximum price for one SPV share, and define the lifespan of such SPACs.<\/p>\n<p>In May 2021, the government and the Central Bank approved a roadmap for financing investments, which among other things envisages introducing in Russia a new mechanism \u2014 SPAC. There is currently no legislative framework for it.<\/p>\n<p>On 1 January 2020, Russia enacted the law \u201cOn attracting investments using investment platforms\u201d (the \u201cCrowdfunding\u201d law), which, among other provisions, establishes general principles for conducting <a href=\"https:\/\/forklog.com\/en\/news\/what-is-an-ico-and-can-you-profit-from-it\">ICO<\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia&#8217;s Ministry of Economic Development is drafting a bill to create a scheme for attracting investment through SPAC companies.<\/p>\n","protected":false},"author":1,"featured_media":51951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1282,36,27],"class_list":["post-51950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-asset-tokenization","tag-regulation","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51950"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51950\/revisions"}],"predecessor-version":[{"id":51952,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51950\/revisions\/51952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51951"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}