RWA Tokens advance as Russia approves DFA framework

• Lyla Velez
• February 13, 2026
• News
• 0 Comments

Key Points:

• Russia approved a national RWA tokenization framework under the DFA regime.
• State-supervised issuance and trading via licensed platforms will govern tokenized claims.
• Goals: boost liquidity, reduce costs, and broaden access for small investors.

Russia has approved a national framework for real‑world asset (RWA) tokenization under its Digital Financial Assets (DFA) regime. The policy centers on state‑supervised issuance and trading of tokenized claims via licensed platforms.

According to the Ministry of Finance of the Russian Federation, the concept aims to boost the investment appeal and liquidity of traditional assets. The Ministry also cites cost reductions, lower entry barriers for small private investors, and stronger secured credit portfolios for financial organizations.

As reported by Coindoo, analysts view the move as building sovereign‑controlled digital asset rails alongside conventional markets. That framing reflects sanctions‑era priorities while stopping short of suggesting circumvention.

Assets covered: property, securities, IP, and LLC equity

As reported by Cryptopolitan, the Russia RWA tokenization framework spans property, securities, company shares, intellectual property, and various rights, including equity in limited liability companies. The scope aligns with DFA‑based digital rights recorded and transferred on approved registries.

In practice, tokens would reference underlying registries or instruments, enabling functions like collateralization, income distributions, or governance where permitted by law and platform rules. Legal enforceability and registry synchronization remain core implementation questions.

Investor access: qualified vs non‑qualified categories and retail caps

Investor access is structured under Russia’s DFA rules into qualified and non‑qualified categories. Licensed platforms and issuers are expected to apply eligibility checks and disclosures before allowing purchases.

As reported by News.NBTC.Finance, recent rules add safeguards for non‑qualified users, including an annual purchase cap of about 300,000 rubles and, for some offerings, minimum credit rating thresholds. These controls are designed to broaden access while moderating risk.

Officials have also flagged potential channels for foreign participation in tokenized shares, subject to compliant venues and partner readiness. “A possible option” is to let foreign investors access domestic equities “provided foreign partners provide technical and platform‑based solutions,” said Vladimir Chistyukhin, First Deputy Governor at the Bank of Russia.

Industry views suggest fractionalization could broaden participation in blue‑chip equities for smaller investors. According to Cifra Markets, enabling fractions of high‑value stocks may lower per‑ticket costs.

Banks also anticipate interest from BRICS and other “friendly” jurisdictions if compliance pathways are clear. According to Sovcombank, tokenization could be a suitable tool for such cross‑border demand, though sanctions exposure and onboarding rules will shape outcomes.