Moscow Exchange to List Futures on SOL, XRP and TRX
Moscow Exchange announced new futures contracts tied to individual token indices for SOL, XRP and TRX, with settlement denominated in Russian rubles and trading restricted to qualified investors. Each contract will track an index representing the underlying token’s price, rather than direct token custody, aligning the products with traditional derivatives infrastructure.
The launch signals a cautious push to expand institutional crypto offerings within Russia: ruble settlement removes direct FX exposure for local participants but also keeps these instruments inside domestic regulatory and banking rails. Restricting access to qualified investors limits retail risk but may still draw asset managers and brokers seeking regulated altcoin exposure. The listings could boost regional liquidity for these tokens, though broader market impact will depend on uptake by institutional counterparties and cross-border regulatory responses.