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The first blockchain operator was founded in Russia

April, 12 2021
watermark Economic news

The Moscow Exchange and members of the FinTech Association (AFT), which includes large Russian credit institutions, founded the first blockchain operator in Russia. In addition to the Moscow Exchange, VTB, PSB and the National Payment Card System (NSPK) and AFT took part in the project. Each co-founder owns 1/6 of the share in the company.


The creators of the operator are confident that it will allow the development of innovative products and services, as well as reduce costs for all market participants.


AFT will transfer the rights to the only Russian certified blockchain platform «Masterchain» to the operator. With the help of this platform, services and products are created using Russian cryptography standards.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.