Moscow Exchange Expands Its Offering with New Indices

The Moscow Exchange is preparing to expand its range of cryptocurrency-based derivatives. Later this year, three new indices linked to Solana, XRP, and TRON are set to debut on the exchange. The move responds to growing demand from institutional investors and marks another step toward diversifying an offering that has so far focused mainly on Bitcoin and Ethereum.

The new instruments will be cash-settled, allowing investors to gain exposure to cryptocurrency price movements without holding the underlying tokens. Access to these products will be limited exclusively to qualified investors. This approach enables Russia’s financial market to maintain strict regulatory oversight while continuing to develop its derivatives segment.

Maria Silkina, Head of the Derivatives Market at the exchange, noted that Solana, XRP, and TRON rank high on the list of priorities, following assets such as Bitcoin and Ethereum. The goal is to replicate the success of existing products while remaining fully compliant with current regulations.

The expansion is closely tied to ongoing regulatory developments. Russia plans to finalize its legal framework for cryptocurrency trading by July 1, 2026. Due to the high risk involved, retail investors will continue to be excluded from this market segment.

At the same time, the exchange is exploring the introduction of perpetual-style derivatives based on Bitcoin and Ethereum. These would take the form of one-day contracts with automatic rollovers—already common on international markets but adapted to domestic regulations. Although cryptocurrency payments remain banned in Russia, trading in crypto-linked derivatives is becoming an increasingly important area of activity for institutional investors.