The Moscow Exchange is planning to launch digital assets backed by real estate in 2024.

Sergei Kharinov, the platform's director of digital assets, is optimistic that this new offering will provide an opportunity for both experienced and inexperienced investors to diversify their portfolios with real estate assets.

Krarikov disclosed they are currently in discussions with housing and development firms to initiate the plan promptly.

By introducing these digital assets, the Moscow Exchange aims to lower the barriers to entry for investing in physical real estate, making it more accessible for individuals to participate in this market.

The platform had previously planned to carry out a similar issuance in August 2022.