Implication of Digital Metaspace Technologies on Financial Market Infrastructure

This paper examines how digital metaspace technologies impact the financial market infrastructure. This paper develops a methodological platform for integrating the financial technology (FinTech) ecosystem models in the financial market infrastructure. The findings show that the benefits of financial market development in the digital metaspace technologies are simplified and continuous interbank payments, increased reliability of the debt securities settlement system, and guaranteed settlements through payment systems. This paper offers a conceptual approach to the development of the integrated financial market infrastructure, subject to the introduction of digital metaspace technologies. The study determined which methods should be used to assess the level of integration of the FinTech ecosystem into the segments of the financial market. The business models of FinTech services within the banking sector of the financial market were grouped using clustering methods. The volume of investments in the FinTech ecosystem and the level of its integration in the world financial markets were analysed. The functionality of Ukraine’s payment segment within the financial market was assessed. A model was developed to analyse how the Digital Acceleration Index of Ukraine’s financial market changes the country’s GDP. The scientific novelty consists in the designed model for the ratio between Ukraine’s GDP and the volume of digital transactions, which was based on the level of financing provided to economic agents.