TL;DR:
- Moscow Exchange will begin publishing SOL, XRP, TRX and BNB indexes on May 13, expanding its crypto benchmark suite beyond Bitcoin and Ether.
- The indexes will use weighted pricing from Binance, Bybit, OKX and Bitget to reduce single-venue reliance and support credible market references.
- Futures may follow once price history develops, while Moex plans to grow its crypto index universe to at least 10 assets over time for institutions locally.
Moscow Exchange is preparing to add four more crypto benchmarks on May 13, a move that pushes regulated digital asset pricing deeper into Russia’s traditional market infrastructure. The exchange will begin publishing indexes for Solana, XRP, Tron and BNB, expanding beyond its existing Bitcoin and Ether benchmarks. What makes the step notable is crypto moving through benchmark discipline, not direct token access, as Moex builds reference prices that can later support derivatives without forcing investors into custody, wallets or offshore venues for exposure, while keeping benchmark governance inside a regulated Russian exchange framework.
Moex Builds a Broader Crypto Benchmark Stack
The new indexes, MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB, bring the exchange’s crypto index suite to six assets. Moex launched its Bitcoin index in June 2025 and its Ether index in October 2025, making the May additions the second phase of a wider rollout rather than an isolated product drop. In practical terms, the exchange is creating a regulated pricing layer for major tokens, one that can sit inside familiar market architecture while still tracking assets born outside conventional finance and often traded across fragmented global venues for brokers, desks and product teams already using Moex data.
Pricing methodology is the technical core of the plan. Moex will draw data from four exchanges, weighting Binance at 50%, Bybit at 20%, OKX at 15% and Bitget at 15%. That basket approach is designed to reduce reliance on a single venue and limit manipulation risk, while reflecting broader global liquidity. The design mirrors traditional index construction, where defensible benchmarks depend on diversified inputs. For Russia’s market, the methodology is the credibility mechanism, because crypto-linked products need transparent rules before institutions can treat them as investable references, especially when sanctions have complicated access to dollar-based financial infrastructure.
The longer-term objective is derivatives. Futures contracts are expected to be built on each new index after sufficient price history is established, giving traders regulated leveraged exposure without holding the underlying tokens. Moex has also said it plans to expand its crypto index universe from six to at least 10 assets over time. That roadmap makes May 13 a market-structure checkpoint, not just a listing date, because each benchmark can become another building block for institutional crypto exposure under domestic rules and settlement rails for banks, funds and brokers evaluating crypto-linked instruments locally today.
