representative of the Central Bank's press service.

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Valery Petrov, a member of the expert council of the Russian Association of Cryptoindustry and Blockchain (RACIB), told a ComNews journalist that the turnover of OIP, OFP and OIS has grown significantly in 2023. He said that the growth in turnover was not a surprise, since based on the results of the first half of the year, it was clear that both the number of companies in this investment sector and the number of investors were growing significantly.

Valery Petrov austria whatsapp number database mentioned that the multiple growth of the OIS led to the fact that in six months the total value of current issues of digital financial assets increased from approximately 17 billion rubles to 56 billion rubles. "It would seem that such significant growth indicates the rapid development of these areas, but in fact, unfortunately, this is not quite true. The fact is that the infrastructure that services these areas is still in its infancy, and a significant volume of growth is caused by the activity of Alfa Group, which was able to provide a full range of services in one package, thanks to the presence of all elements of the financial infrastructure. For the rest of the OIPs, everything is not developing so dynamically due to significant restrictions that are in Federal Law No. 259. Increased profitability up to 40% per annum for a number of instruments also contributes to the interest of investors, which is of interest in the context of high inflation. At the same time, mass interest in transactions with digital financial assets from OIPs without amendments to legislative and regulatory acts this year is unlikely. Although the total volume of transactions will most likely continue to grow," said Valery Petrov.

FG Finam analyst Leonid Delitsyn notes that the banking industry accounts for the bulk of transactions, as it is experiencing a rapid advance of financial technologies, neobanks, and financial services from players in other industries. "The digital ruble will also be a test for the traditional banking system and will likely greatly change all statistics. Therefore, banks are the most active seekers of new niches for providing banking and financial services," the analyst noted.

Leonid Delitsyn told a ComNews journalist: "The rapid growth in the number of consumers of financial services is striking - from 234 thousand people at the end of June to 1.3 million users at the end of 2023. The number of transactions grew approximately proportionally to the number of consumers of services, and the number of registered financial organizations grew not so fast, although also at a high rate. As a first approximation, the market at this stage is growing due to the increase in the number of consumers."

Investment advisor Anton Zharkov says that financial platforms like Finuslugi from Mosbirzha and Sravni.ru should be distinguished from investment platforms that focus on areas such as crowdfunding, crowdinvesting and utility digital rights (UDR). "Regulation in this area from the Central Bank came in response to a large number of fraudulent schemes that, taking advantage of gaps in legislation and regulation, built pyramids and fraudulent schemes under the guise of crowdfunding and UDR," said Anton Zharkov.

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Problems of crowdlending platforms

The head of the crowdfunding investment platform "Barclay Finance" Evgeny Sikorsky believes that the market is developing compared to 2022, and the doubling of investment volumes indicates interest in the crowdfunding market. "New services are being introduced for the convenience of clients, the protection of investors, and crowdfunding - in our case, crowdfunding - is becoming an alternative to bank financing for borrowers, and securities markets - for investors," said Evgeny Sikorsky.

He told a ComNews journalist that, despite all the advantages of the developing investment niche, there are still a number of problems: