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Moscow Exchange to List Ruble-Settled Futures on Solana, XRP and Tron

The exchange will publish new indices to underpin non-deliverable, ruble-based contracts limited to qualified investors.

Overview

  • MOEX said it will create indices for Solana, XRP and TRON in 2026, then launch cash-settled futures based on those benchmarks.
  • The contracts will have no physical delivery, settle in rubles and be available only to investors who meet Russia’s qualification standards.
  • The plan extends MOEX’s Bitcoin and Ether index futures program introduced after regulatory approval in May 2025.
  • The exchange is assessing perpetual futures for Bitcoin and Ether, described as one-day contracts with automatic rollover.
  • Policy work continues in Russia, with a proposed $4,000 cap on retail crypto purchases and a legal framework targeted for July 1, 2026, as sector participants navigate sanction-related risks.