... opportunity to acquire a stake in the company before it goes public, typically at a lower price. Pre-IPO placements attract experienced investors, as companies are already in advanced stages of growth: they have a functioning business model, a significant market share, and a solid financial history. In recent years, interest in pre-IPO investments has surged globally, with many tech companies and successful startups securing funding in the final stages of their development before going public. In Russia, this mechanism is relatively ...

... decision is made to withhold dividends or postpone the matter, a negative reaction can be expected — investors do not favor uncertainty regarding the return of capital. **Russian company earnings:** On August 7, several large companies released their financial results, and today market participants are evaluating their impact. The online retailer Ozon reported strong revenue growth for Q2 2025 (in compliance with International Financial Reporting Standards, IFRS)—according to the company, revenue increased by double digits ...

... development. For investors, an IPO opens the opportunity to acquire shares of companies at an early stage and profit from their growth, yet this process carries a number of risks. Evaluating a company at the IPO stage necessitates a thorough analysis of its financial health, strategy, and market position.

... including Hong Kong and Singapore, are competing to become regional crypto hubs by introducing special regulatory regimes to attract companies. Overall, the global trend shows that governments are striving to integrate cryptocurrencies into the existing financial system through clear rules, which will likely reduce legal risks for investors and major market players. Institutional Investments Hit Record Highs Institutional investors are increasing their presence in digital assets at unprecedented rates. According to the latest report from CoinShares, from the beginning of the month (July 1–25), cryptocurrency ...

... investor belief in the market's long-term prospects. At the same time, the rapid development of the industry requires a thoughtful and responsible approach. New legislative frameworks open up wide opportunities for innovation, but it is essential for market participants to adhere to established regulations and financial discipline. In the coming months, the community's attention will be focused on the next moves of lawmakers in the U.S., Europe, and other regions, as well as whether Bitcoin can sustain its new heights after its historical leap. Moderate caution,...