TL;DR:
- MOEX will launch three new indices linked to Solana, XRP, and TRON to diversify its current offering.
- Contracts will be cash-settled and restricted exclusively to qualified investors.
- The implementation of perpetual futures for Bitcoin and Ethereum is being evaluated for later this year.
Russia’s financial infrastructure is preparing for a major shift in digital asset management. It was recently confirmed that crypto derivatives on the Moscow Exchange will grow this year, integrating new indices linked to Solana (SOL), XRP, and TRON (TRX) to meet institutional demand.
Maria Silkina, head of derivatives at the exchange, noted that these assets are leading the priority list to move beyond current benchmarks limited to Bitcoin and Ethereum. Consequently, the exchange seeks to replicate the success of its existing products under a strict compliance framework.
Through these new financial instruments, which will function via cash settlement, professional investors will be able to gain exposure to price movements without owning the tokens. In this way, Russia maintains rigorous control while allowing for the growth of the financial sector.
Regulation and the Future of Perpetual Contracts in Russia
The rollout of these products is intrinsically linked to Russia’s regulatory evolution, which expects to finalize its legal framework for cryptocurrency trading by July 1, 2026. However, participation will remain limited for retail investors due to the high-risk classification of these assets.
In addition to the new indices, MOEX is evaluating the launch of perpetual futures for Bitcoin and Ethereum. These would operate as one-day contracts with automatic renewal—a structure familiar to global traders operating within Russian domestic regulatory limits.
In summary, the inclusion of Solana, XRP, and TRON marks a strategic pivot for Russia’s largest exchange toward crypto diversification. Although cryptocurrency payments remain prohibited, the derivatives market is emerging as an increasingly active space for institutional trading.
