... increasingly international. Russia and the CIS: Local Focus Amid Global Trends In Russia and neighboring countries, active measures are being taken to develop homegrown startup ecosystems in line with global trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund was announced in partnership with the state bank PSB, valued at around 12 billion rubles for investment in dual-use projects—from drones and artificial intelligence to robotics. PSB is the anchor investor ...

... Stablecoin Prices Despite being pegged to the dollar, the USDC price is indirectly influenced by overall market and macroeconomic conditions. Stablecoins serve as a bridge between traditional finance and the crypto market, meaning that changes in the global economic environment can impact the demand and stability of these assets. Below, we examine the main factors: 1. Trust and Reserve Backing. A key factor in the price stability of USD Coin is the trust that each coin is backed by reserves. Circle publicly ...

... a truly global startup market. Russia and CIS: Local Focus Amid Global Trends In Russia and neighboring countries, active steps are being taken to develop their own startup ecosystems in line with global trends. At the Saint Petersburg International Economic Forum (SPIEF-2025), a new venture fund was announced with the participation of PSB Bank, targeting approximately 12 billion rubles for investments in dual-use projects—from drones and artificial intelligence to robotics. PSB Bank is acting ...

.... Russia and CIS: A Local Focus Amid Global Trends Despite external constraints, active steps are being taken in Russia and neighboring countries to develop their own startup ecosystems in line with global trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others — targeting around 12 billion rubles, funds are planned to support dual-use projects (drones, AI, robotics, and other advanced areas). In addition ...

... for a long time: many companies continue to grow after their IPOs and require additional capital. For instance, in large economies such as the US and Europe, public companies regularly conduct follow-on offerings to finance business expansion. During economic upturns, the volume of SPOs increases, while it decreases during crises. In Russia, secondary offerings became possible alongside the development of the securities market in the post-Soviet era. Since the early 1990s, a regulatory framework for ...