Belarus Initiates First External Sale of Debt Securities on Blockchain
Myfin.by, the leading financial portal in Belarus, and Finstore.by, the largest platform for debt tokens, have collaborated to introduce the nation's first external listing of digital bonds. This groundbreaking venture enables Belarusian investors to compare various investment opportunities, such as bank deposits, bonds, and debt tokens, on a single platform, including relevant exchange rates for informed decision-making.
Recently, debt tokens have gained momentum as competitors to bank deposits and traditional bonds. Finstore.by, the pioneer platform in Belarus for retail investors, offers investment possibilities in corporate bonds from local companies yielding up to 25% in BYN and 9% in foreign currency (USD, EUR), as demonstrated by the approximately 250 million USD generated through the platform as of May 2025. Banks in Belarus offer annual yields of up to 16% in BYN, whereas Finstore offers BYN token yields starting from 17% per annum, with the potential to reach 25%.
Operated by LLC "DFS," a Hi-Tech Park resident, Finstore.by has been active in Belarus for six years and boasts a community of 20,000 investors. The platform facilitates investment in digital bonds characterized by fixed terms, income, and periodic payouts. Furthermore, as per Article 202-1 of the Republic of Belarus's Tax Code, income generated from transactions involving tokens created by PHT resident companies is tax-exempt from January 1, 2025.
To access digital bond investment options via Myfin.by, users should navigate to the "Investments" section, click on "Digital Bonds," and utilize intuitive filters and calculators to view a range of corporate offers, with rankings arranged by yield rates, currencies, terms, cost per token, and annual income calculations. It is essential to note that tokens are not considered a means of payment, lack government backing, and could potentially result in the complete loss of monetary funds and other assets upon exchange due to token price volatility, technical errors, or the commission of illegal acts.
While Myfin.by serves as a significant resource for Belarusian investors, the text provided does not explicitly highlight a specific, documented partnership between Myfin.by and Finstore.by regarding digital bond investment opportunities. If such a collaboration were implemented, it could widen the scope of digital investment instruments by integrating resources and expertise from both platforms. However, the present data does not confirm or announce any such partnership at this time.
In the realm of Belarusian finance, Finstore.by, a leading platform for retail investors, offers high-yield investment possibilities in corporate bonds, including digital bonds, with potential returns reaching up to 25% in BYN and 9% in foreign currency. With the collaboration between Myfin.by, a prominent financial portal, and Finstore.by, users now have the opportunity to compare various investment instruments like bank deposits, bonds, and digital bonds on a single platform for informed decision-making.
