Moscow Exchange will start calculating and publishing new crypto indices from May 13. The move adds Solana, XRP, Tron, and BNB to its existing Bitcoin and Ethereum benchmarks.
The new indices will trade under MOEXSOL, MOEXXRP, MOEXTRX, and MOEXBNB. They will join MOEXBTC and MOEXETH as Russia’s largest exchange expands its digital asset data products.
Moscow Exchange Speeds Up Crypto Index Updates
According to the report, the Moscow Exchange will also change how often it updates crypto index data. Instead of one daily update, the indices will refresh every 15 seconds during the day.
The exchange will also publish data on weekends. This change reflects the 24/7 structure of crypto markets. It may give traders a faster view of price shifts.
The plan places Moscow Exchange deeper into Russia’s regulated crypto market. The country is allowing limited digital asset exposure. Yet it still keeps direct crypto activity under strict rules.
The faster index updates could support risk tracking. They may also help build crypto-linked derivatives. These products let investors follow price moves without holding the tokens.
New Benchmarks Add Major Tokens
The new index list will cover four widely traded assets. Solana, XRP, Tron, and BNB were selected alongside Bitcoin and Ethereum.
These tokens are among the larger crypto assets by market activity. Their inclusion gives Russian traders more benchmark data. It also broadens the base for future structured products.
Price Data Will Come From Major Platforms
The exchange plans to calculate the indices using aggregated price data from large crypto trading venues.
Around 50% of the data will come from Binance. Bybit will provide 20%. OKX and Bitget will each provide 15%.
This mix reflects where a large share of global crypto trading happens. It also reduces reliance on a single platform.
Index List Could Reach 10 Assets
MOEX plans to expand the index range further. The list may eventually include up to 10 crypto assets.
Possible additions include Dogecoin, Cardano, Hyperliquid, and Chainlink. These benchmarks could later support new derivatives tied to the crypto market.
Derivatives Strategy Expands
Russia’s crypto market remains controlled by regulators. In May 2025, the Bank of Russia approved crypto-linked derivatives. However, it did not allow direct delivery of digital assets.
That decision pushed exchanges toward cash-settled products. These products track prices but do not involve the transfer of actual coins.
Moscow Exchange is also preparing perpetual futures linked to Bitcoin and Ethereum. Maria Silkina, Chief Manager of the Derivatives Product Group, said the contracts would follow price movements rather than deliver the assets.
Existing Crypto Products Build the Base
Moscow Exchange already offers products tied to BlackRock’s iShares Bitcoin Trust and iShares Ethereum Trust. These are known as IBIT and ETHA.
The venue also has its own MOEXBTC and MOEXETH indices. The new crypto benchmarks build on that base. They may help traders compare local products with wider global crypto prices.
Draft Law Could Widen Access
Russian lawmakers are also reviewing a draft law on digital currency and Digital Rights. The bill could expand access to digital assets under set limits.
Non-qualified retail investors may be capped at 300,000 rubles per year. That is around $4,000. The cap would apply to highly liquid tokens.
Qualified investors would not face the same limit. However, they would be barred from buying privacy-focused coins. The bill also bans the use of digital currencies for domestic payments.
Direct Crypto Trading Remains a Future Goal
Moscow Exchange has said it hopes to begin direct crypto trading by early 2027. That depends on the legal framework being completed.
The target date would give Russia a clearer structure for digital asset trading. It could also deepen the role of regulated exchanges in the market.
The St. Petersburg Exchange has also shown readiness to enter the space.
Conclusion
Moscow Exchange is moving from basic crypto benchmarks toward a wider digital asset market role. The new indices, faster updates, and possible derivatives products show a more active strategy.
Still, Russia’s crypto market remains heavily regulated. Future growth will depend on the draft law, investor limits, and rules for direct trading.
Appendix Glossary of Key Terms
Crypto Index: A benchmark that tracks the price movement of one or more digital assets.
MOEXSOL: The planned Solana index under the MOEX benchmark system.
MOEXXRP: The planned XRP index under the MOEX benchmark system.
MOEXTRX: The planned Tron index under the MOEX benchmark system.
MOEXBNB: The planned BNB index under the MOEX benchmark system.
Cash-Settled Futures: Contracts settled in money instead of the actual crypto asset.
Perpetual Futures: Futures contracts with no fixed expiry date.
Digital Currency and Digital Rights Law: A draft Russian law designed to regulate access to digital assets.
Frequently Asked Questions About Moscow Exchange
1. When will the new crypto indices start?
They are scheduled to start on May 13.
2. Which new tokens are being added?
Solana, XRP, Tron, and BNB are being added.
3. How often will the indices update?
They will update every 15 seconds during the day.
4. Will the indices publish data on weekends?
Yes. Weekend publication will reflect the round-the-clock crypto market.
