Russia’s Biggest Exchange To Launch XRP Indices And Futures

[Ben Graham]

Russia’s Moscow Exchange (MOEX) is moving to broaden which digital assets it tracks and trades. Reports say the exchange plans to roll out new indices and futures tied to XRP, Solana, and Tron this year. That will give traders ways to follow price moves without owning the coins directly.

New Crypto Indices Planned

According to local coverage, Maria Silkina, who runs the derivative products group at the exchange, outlined the expansion on a recent radio broadcast.

MOEX already lists benchmarks for Bitcoin and Ethereum. Now the exchange is preparing indices that mirror three more of the bigger, actively traded tokens, and it intends to offer futures contracts based on those indices.

Trading interest in these coins has been high elsewhere. Here, such contracts will be cash-settled and follow the Bank of Russia’s rules. Settlements will happen monthly under the current regime.

Perpetual Contracts And Options Under Review

Reports note the exchange is also thinking about perpetual futures and options for Bitcoin and Ethereum down the line. Perpetuals do not expire. They use funding rates to stay close to the spot market and allow positions to be held for as long as a trader wishes.

That differs from the monthly settled contracts MOEX already uses. Some of the new ideas remain under study and will be launched step by step. The approach looks designed to keep the products inside a tightly regulated frame while allowing more sophisticated trading strategies.

Russia Pushes Toward Broader Access

In 2025 the exchange added a set of crypto-linked futures, and it listed indices connected to Bitcoin and Ether alongside other structured products tied to overseas ETFs.

Reports say that trend continued with some big Russian financial firms offering crypto-tied investment options. Sberbank has already rolled out a product that links to Bitcoin’s price.

Market access is slowly widening, but access is still likely to be limited to qualified investors at first. That said, more instruments usually bring more liquidity and more ways to manage risk.

What This Means For Traders

For investors, the shift offers both opportunity and restraint. Cash settlement removes the need for custody of the underlying token, which can reduce some operational hassles.

At the same time, the Bank of Russia’s standards mean the products will be boxed in by clearing and reporting requirements. If adopted, these additions could help price discovery for XRP, Solana, and Tron inside Russia and might attract institutional flows that have been sitting on the sidelines.

Featured image from The Moscow Times, chart from TradingView