{"id":70898,"date":"2022-12-02T12:56:39","date_gmt":"2022-12-02T10:56:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70898"},"modified":"2025-09-08T04:52:51","modified_gmt":"2025-09-08T01:52:51","slug":"lighthouse-completes-first-dfa-deal-in-foreign-currency","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/lighthouse-completes-first-dfa-deal-in-foreign-currency\/","title":{"rendered":"Lighthouse completes first DFA deal in foreign currency"},"content":{"rendered":"<p>In Russia, a <a href=\\\"https:\/\/www.cfa.digital\/01-12-2022\\\">deal<\/a> in digital financial assets (DFA) worth 58 million yuan (500 million rubles), secured by commercial receivables. The transaction took place on the fintech platform of Lighthouse.<\/p>\n<p>The deal in DFAs denominated in foreign currency is being conducted for the first time. It also became the largest by value on the Russian digital-asset market, the company said.<\/p>\n<p>The tenor of the issued DFAs is 29 days, and the issuer&#8217;s rate is around 4%. According to the information-system operator, this confirms the advantages of DFAs over the current short-term ruble lending of roughly 9\u201310% per year for large businesses.<\/p>\n<p>Lighthouse added that the short tenor and the ability to promptly organise repeat DFA issuances mitigate issuers&#8217; losses from currency fluctuations that could arise over longer horizons of public placements.<\/p>\n<p>Earlier, Lighthouse and Tinkoff Business announced a solution for <a href=\"https:\/\/u1f987.com\/en\/news\/russia-develops-solution-for-automated-dfa-transactions\">automation of operations<\/a> between token issuers and investors.<\/p>\n<p>As a reminder, licenses to issue DFA in Russia, besides Lighthouse, are held by the company <a href=\"https:\/\/u1f987.com\/en\/news\/issuer-of-nornickel-tokens-has-received-a-bank-of-russia-license\">Atomyze<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-authorises-sberbank-and-lighthouse-to-issue-digital-financial-assets\">Sberbank<\/a>.<\/p>\n<p>According to the Central Bank of the Russian Federation, as of November 2022 these three operators had collectively <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-reports-aggregate-dfa-issuance-in-the-country\">15 issuances of digital financial assets<\/a> for a total of 170 million rubles.<\/p>\n<p>Earlier, the regulator said it was prepared to present a series of legislative initiatives regarding DFA regulation <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-sets-timeline-for-regulatory-documents-on-digital-financial-assets\">by the end of 2022<\/a>.<\/p>\n<p>Follow 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 analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Russia, a deal in digital financial assets worth 58 million yuan (500 million rubles), secured by commercial receivables.<\/p>\n","protected":false},"author":1,"featured_media":26216,"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":[1282,27],"class_list":["post-70898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-asset-tokenization","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70898"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70898\/revisions"}],"predecessor-version":[{"id":70899,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70898\/revisions\/70899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}