Russia’s Moscow Exchange Adds XRP, SOL, TRX and BNB Crypto Indexes

By CFN
about 3 hours ago
ETH BANK SHIFT BTC BNB
  • Moscow Exchange adds four crypto indexes, expanding coverage to six assets with plans to include more tokens soon.
  • New indexes will update every 15 seconds using weighted data from major exchanges like Binance and Bybit.
  • Move supports crypto derivatives growth as Russia advances regulatory framework and targets trading launch by 2027.

Moscow Exchange announced it will launch four new crypto indexes on May 13, tracking Solana, XRP, Tron, and BNB, according to a Monday statement. The move expands its digital asset benchmarks and introduces near real-time updates. The exchange will use aggregated pricing data from major global platforms to calculate the indexes.

Exchange Expands Crypto Benchmarks

The new indexes will trade under tickers MOEXSOL, MOEXXRP, MOEXTRX, and MOEXBNB. They will join existing benchmarks for Bitcoin and Ethereum, bringing the total to six.

However, Moscow Exchange plans to expand its coverage further to ten crypto assets. Proposed additions include Dogecoin, Cardano, Hyperliquid, and Chainlink.

To calculate prices, the exchange will rely on weighted data from multiple platforms. Binance will provide 50 percent, followed by Bybit at 20 percent.

Meanwhile, OKX and Bitget will each contribute 15 percent. This distribution reflects trading activity across major crypto venues.

Update Frequency And Market Structure Shift

Starting May 13, all crypto indexes will update every 15 seconds. This replaces the current model where values publish once daily.

Notably, the exchange will also extend updates across weekend sessions. This change aligns index tracking with continuous crypto market activity.

EliteFXLabs Banner

According to the exchange, more frequent updates improve price visibility. They also support the development of derivative instruments linked to these benchmarks.

Earlier, Moscow Exchange introduced its Bitcoin index in mid-2025, followed by Ethereum later that year. These products marked its initial entry into crypto-linked instruments.

Derivatives Strategy And Regulatory Framework

Maria Silkina, head of derivatives products at Moscow Exchange, said the platform plans additional offerings. These include perpetual futures tied to Bitcoin and Ethereum prices.

Such contracts track price movements without delivering underlying assets. This structure follows Bank of Russia guidelines introduced in May 2025.

The central bank allowed crypto-linked derivatives for professional investors but restricted direct asset delivery. As a result, exchanges focus on cash-settled instruments.

Looking ahead, Moscow Exchange aims to launch direct crypto trading by early 2027. Meanwhile, a legal framework for digital assets is expected by July 2026.

The post Russia’s Moscow Exchange Adds XRP, SOL, TRX and BNB Crypto Indexes appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Related News