Russian broker Finam plans to launch cryptocurrency trading in December via a third-party depository, with plans for its own depository by end of 2027.
Regulation & Gov ·
Russian brokerage Finam intends to begin offering cryptocurrency trading in December through a third-party depository provider. The firm has outlined a longer-term plan to operate its own depository infrastructure by the end of 2027.
The move positions Finam among Russian financial institutions expanding into digital assets. The phased approach—delegating custody initially to an external partner before building internal capabilities—allows the broker to enter the market sooner while developing the technical and regulatory infrastructure needed for self-custody operations over the coming years.
Key details remain unclear, including the identity of the third-party depository partner, the specific cryptocurrencies or trading pairs Finam will offer, and whether regulatory approval has already been secured for the December launch.