Infinitum Specialized depository
Since 2000
Russia
Central Federal District of the Russian Federation
Moscow
115162, st. Shabolovka, d. 31, bldg. "B." Entrance from Horse Lane, entrance 3, floor 5.
Owners
JSC Specialized Depository Infinitum is a universal operator of collective investment infrastructure in Russia. The special depository maintains control, accounting and storage of investors' property. Among its clients are non-state pension funds, management companies, mutual funds, self-regulatory organizations, state corporations, insurance companies, banks and other institutional investors.
The Company takes an active part in rule-making activities, working groups and committees established by Russian self-regulatory organizations and the Bank of Russia.
History
2024: Infinitum Special Depository became the first nominal holder of the CFA in Russia
On March 18, 2024, the specialized depository Infinitum became the first nominal holder of digital financial assets (CFA) in Russia. The transaction was carried out on the CFA Hub platform as part of the MTS ecosystem.
It is reported that the issue itself in the form of monetary claims in the amount of 10 million rubles and a circulation period of 62 days was placed on March 14, 2024. The issuer was Devices LLC (distributor of accessories for mobile devices and portable equipment), the buyer was the Progressive Investment Ideas management company. After the transfer of the asset, the nominal holder ("Infinitum"), on behalf of the owner, can perform operations with the CFA and provide services related to the receipt of income and payments under digital rights. In other words, the transfer of an asset enables the owner to no longer engage in operations on his own, but to give orders to the nominal holder.
The first experience of the Infinitum special depository as a nominal holder of the CFA launches a new stage in the development of the financial market, one of the goals of which for us is to ensure access for participants in the collective investment market to transactions with digital assets, says Irina Efimova, director of depository business development at Infinitum. |
The functionality of the nominee holder on the CFA Hub platform is available to all companies with a valid depository license. As of mid-March 2024, 254 organizations with securities and digital rights worth more than 95 trillion rubles are included in the register of depositories of the Bank of Russia.
It is said that nominal holders can receive CFAs from their owners in the framework of secondary circulation and provide the entire range of related services: this is accounting for digital rights, receiving coupon payments and value upon repayment, further purchase and sale on customer instructions. In addition, depositories can independently act in the CFA market as an investor.[1]
2019 Control of 703 investment portfolios for 4.1 trillion rubles
As of June 30, 2019, among the clients of the special depository are 23 NPFs, 463 mutual funds, 1 RDIF, 1 state corporation, 134 management companies, 28 insurance companies and 40 SROs.
Infinitum controls 703 investment portfolios with a total property value of more than 4.1 trillion rubles. In addition, it provides services to 1,382 depositors, and the cost of securities stored in the depository is 2.7 trillion rubles.
2017: Reorganization of five Infinitum shareholders in the form of a merger
In May 2017, the reorganization of five shareholders of Specialized Depository Infinitum JSC (Authorization LLC, Agenda LLC, Beneficiary LLC, Kamin LLC, Stigma LLC) in the form of a merger was completed. Read more here.
2016: Control of 603 investment portfolios for 2.4 trillion rubles
As of August 2016, JSC Specialized Depository Infinitum monitors, records and stores property of investors, among its clients: 34 NPFs, 329 mutual funds, 1 RDIF, FGKU Rosvoenipoteka, 2 state corporations, 141 management companies, 36 insurance companies and 44 SROs.
Infinitum controls 603 investment portfolios with a total property value of 2.4 trillion rubles. In addition, it provides services to 1288 depositors, and the cost of securities stored in the depository is 898 billion rubles.
2000: Formation of a specialized depository
JSC Specialized Depository Infinitum was established in 2000 in Moscow.
Notes
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