Alfa-Bank and Alfa-Capital complete Russia’s first CFA trust deal

Alfa-Bank’s A-Token platform and Alfa-Capital have executed the country’s first trust-management transaction involving digital financial assets. The management company took over CFAs that certify a monetary claim, marking a practical test of new rules for professional investors.

The deal was made possible by Federal Law No. 282-FZ, which came into force on 1 September and introduced the ability to move CFAs between platforms.

Executives say the transaction proves the technology and processes are ready for wider use. Alfa-Capital’s Danila Panin noted that managers can now build products with clear selection criteria and risk controls, while Alfa-Bank’s Denis Dodon pointed to upcoming plans to add digital rights to mutual funds and structured offerings.

Both firms expect these instruments to gain a visible share in client portfolios as the market matures.

Based on information from cryptonews.net