WikiBit 2026-02-04 06:52Advertisement     The Moscow Exchange (MOEX), Russia’s leading securities exchange, plans to launch cash-settled futures
The Moscow Exchange (MOEX), Russia‘s leading securities exchange, plans to launch cash-settled futures contracts tied to Ripple’s XRP, Solana (SOL), and Tron (TRX) over the course of the year.
With a valuation of roughly $14 trillion, this move marks a significant development in the Russian financial market, potentially attracting interest from Russian billionaires and reflecting growing global demand for XRP, SOL, and TRX.
XRP, SOL, TRX Futures To Go Live On Moscow Exchange
The Moscow Exchange will first debut indices for these three altcoins, which will serve as the foundation for introducing futures contracts settled in rubles.
The move, according to MOEX‘s senior manager of the Derivatives Market Group, Maria Silkina, will be a part of the exchange’s plan to expand its crypto derivatives lineup beyond Bitcoin and Ether.
“Well be expanding pairings throughout the year. And the top names that will definitely be among the first are probably Solana, Ripple, and Tron,” Silkina stated.
 
Under Russias current laws, derivatives must be linked to an underlying asset, and in this case, the underlying asset will be the published index for each crypto. The new products will follow the same model as Bitcoin and Ether futures, with no physical delivery of crypto, settlement in rubles, and limited to qualified investors.
MOEX is also considering launching perpetual futures for BTC and ETH in 2026 as part of a gradual expansion strategy. These perpetual futures would allow investors to enter futures positions with no expiry. Notably, these products are already popular in the crypto market and are being offered by many exchanges worldwide.
The move comes as Russia continues to soften its stance toward cryptocurrencies amid its prolonged conflict with Ukraine. In December, the countrys central bank proposed a framework to legalize and regulate crypto trading for both qualified and non-qualified investors, marking a reversal of an earlier position that had considered a blanket crypto ban.
Crypto is currently recognized as property in Russia and is legalized for cross-border settlements. Notably, international payments have increased significantly since 2020 amid economic sanctions on the country over its invasion of Ukraine.
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