Insango became an investor in the issue of CFAs hedging losses under the space launch insurance contract

NPO POVS Insango acted as an investor in digital financial assets (DFAs) issued by LLC IC Sberbank Insurance. The decision to issue DFA A7B59B38 was registered on 01.04.2025 on Sber’s platform.

The launch of the manned spacecraft Soyuz MS-27 to the International Space Station (ISS) with an international crew of Russian and US cosmonauts is scheduled for April 08, 2025 from Baikonur Cosmodrome. The launch is being carried out by Roscosmos State Corporation. One of the insurers in the pool of companies providing protection of property interests of Roscosmos State Corporation in respect of the insurance object — manned transport vehicle (MTS), is Sberbank Insurance LLC — CFA Issuer.

The insured event is "total loss of the manned transport spacecraft during the insurance period — from the moment of the "Launch" command for the authorized switching on of the engines of the first stage of the launch vehicle to the moment of opening of the transition hatch of the docking unit of the LCS after docking with the ISS.

At the purchase price of one CFA — 50 000 rubles, in case of a successful launch, and the status is determined by the official information on the website of GK Roscosmos www.roscosmos.ru/launch/2025/, the redemption price will be 52 000 rubles, which provides 4% yield for 20 days of the CFA circulation period.

For our mutual insurance company, investing in CFA allowed us to become a participant of the space insurance market in Russia. We hope for further development of CFA application in Russian insurance.

We would also like to congratulate space industry professionals and their relatives and friends on the upcoming Cosmonautics Day. We wish you happiness, health, prosperity and success in the realization of your plans!