Russian billionaires Roman Abramovich, Aleksandr Frolov and Aleksandr Abramov are reportedly investing large amounts of money into digital currencies like Bitcoin (Bitcoin) through the European fund called Blackmoon Crypto, CoinTelegraph reported.
The fund, which is a subsidiary of Blackmoon Financial, is intended to establish and maintain the best framework for tokenized funds around the world.
Another Russian billionaire Roman Trotsenko is planning to launch a platform for exchanging digital currencies and organizing an ICO. Trotsenko claims he wants to meet the demand by investors interested in investing in virtual currencies.
“We had an interest in investing only in Bitcoin and we’re developing the infrastructure; we’re not going to move passengers, but rather service them on the ground,” he said.
Trotsenko says he is awaiting further developments in the Russian Government’s plans to handle digital currencies before launching his already fully functional platform. He has already raised the issue of regulating and legalizing the cryptocurrency market with Russian President Vladimir Putin in September.
In early November, the Russian central bank has launched its digital currency CryptoRuble, which is designed to be the only virtual instrument to be recognized in the Russian market.