Russian Business Turns to Digital Financial Assets to Raise Capital
Cosmos Hotel Group launches sector-first digital debt instruments to attract investment in Russia’s hospitality market
Cosmos Hotel Group has launched the hospitality industry’s first issuance of digital financial assets in Russia, aiming to raise investment. The instruments were issued on the TsFA Khab (DFA Hub platform) and are available to MTS Bank clients and users of the MTS Dengi service. The platform supports the issuance and circulation of digital financial assets in line with Russian law and Bank of Russia regulations.
Raising Financing
Cosmos Hotel Group is using digital financial assets as a funding tool. In this case, the instruments are structured as debt issued in a digital format.
New Hotels in New Regions
The operator currently manages more than 11,500 rooms. Its portfolio includes 44 hotels across 28 cities in Russia. In 2025, the company opened new properties in Moscow and the surrounding region, as well as in Vladikavkaz, Vladivostok, Nakhodka, and Sochi. The company is also expanding through hotel management, leasing, franchising, and the construction of its own properties.
