Moscow Exchange plans to publish four more crypto indexes from May 13, widening its benchmark list beyond Bitcoin and Ethereum.
Summary
- MOEX will add SOL, XRP, TRX and BNB indexes from May 13 for professional investors.
- Binance will supply 50% of pricing data, while Bybit, OKX and Bitget provide the rest.
- Existing Bitcoin and Ethereum indexes will update every 15 seconds during trading and weekend sessions.
The new indexes will track Solana, XRP, Tron and BNB under the tickers MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB.
The exchange plans to calculate prices with data from Binance, Bybit, OKX and Bitget. Binance will carry a 50% weight. Bybit will provide 20%, while OKX and Bitget will each provide 15%.
Crypto benchmarks move closer to live pricing
From May 13, Moscow Exchange also plans to update all digital currency indexes more often. Existing benchmarks, including MOEXBTC and MOEXETH, are expected to update every 15 seconds during trading hours and extra weekend sessions.
The shift may make the benchmarks more useful for products tied to digital asset prices. However, the exchange has not presented the new altcoin indexes as tradable products yet. It said they “could become” underlying assets for future instruments, leaving timing and terms open.
Meanwhile, the planned indexes fit Russia’s controlled route for crypto-linked market products. Crypto.news reported in June 2025 that Moscow Exchange listed a Bitcoin ETF futures contract tied to BlackRock’s IBIT product, but access stayed limited to qualified investors. The exchange said: “Trading in this new product will begin on June 4, 2025, and will be exclusively available to qualified investors.”
That model remains central to Russia’s approach. The country allows crypto exposure through selected financial products, but it has not opened broad spot crypto trading on local regulated venues. Crypto.news also reported that Russia had explored a trading pilot for top-tier investors, led by the Finance Ministry and the Bank of Russia.
Regulators target activity outside formal channels
The index launch comes as Russian officials try to move crypto activity into supervised channels. Crypto.news reported in February 2026 that Deputy Finance Minister Ivan Chebeskov estimated Russian crypto turnover at about 50 billion rubles per day, or more than 10 trillion rubles per year.
Moreover, Chebeskov said much of that activity remained “outside the regulated zone, outside our control.” The Bank of Russia has also called for penalties against transactions outside approved rules. Crypto.news cited Governor Elvira Nabiullina, who said: “Fraudsters are taking advantage of the gray market.”
More crypto indexes may follow
Moscow Exchange plans to expand its benchmark list to ten crypto assets. Possible additions include Dogecoin, Cardano, Hyperliquid and Chainlink, based on the current list under review.
The exchange has also discussed futures tied to crypto indexes, including possible perpetual futures on Bitcoin and Ethereum. Direct cryptocurrency trading remains a separate goal. The current roadmap points to early 2027 for that step.
Be the first to comment