The Moscow Exchange (Moex) has announced that it will launch four new cryptocurrency indexes on May 13, 2026, covering Solana (SOL), XRP, TRON (TRX) and Binance Coin (BNB). This marks the first time the Russian exchange has expanded its regulated crypto benchmark index suite beyond Bitcoin and Ether, following the introduction of MOEXBTC in June 2025 and MOEXETH in October 2025.
How the indexes will be priced
Moex will not rely on a single price source for each index. Instead, each benchmark will use a weighted basket derived from four global platforms: Binance (50% weight), Bybit (20%), OKX (15%) and Bitget (15%). The multi-exchange methodology is designed to mitigate the risk of price manipulation on any single venue, producing a metric that reflects broad global market consensus.
This approach mirrors standard practice in traditional financial index construction, where data is aggregated from multiple trading venues to generate a reliable benchmark. The same structure was used when Moex built its Bitcoin and Ether indexes, both of which have since served as the basis for associated derivative products.
The new indexes will be branded as MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB. Once sufficient price history has been established, the exchange intends to build exchange-listed futures contracts around each index, giving traders regulated access to leveraged price exposure without requiring direct custody of the underlying cryptocurrencies.
What this means for Russia's crypto market
The announcement carries significance beyond the four assets involved, as Russia has been systematically expanding its regulated cryptocurrency infrastructure throughout 2025 and into 2026, despite Western sanctions limiting the country's access to dollar-denominated financial systems.
For Russian institutional investors, the creation of exchange-listed crypto indexes provides a pathway to regulated exposure, as holding an index-linked product on Moex is far more accessible under Russian financial law than other routes. The selection of assets is also notable: XRP has strong ties to popular U.S. fintech company Ripple, while BNB is the native token of Binance, the world's largest crypto exchange by volume.
Moex's team has also stated that it intends to increase the number of crypto indexes to at least 10 over time, meaning May 13 represents the second phase of a long-term development, not the end point.
Derivatives potential: a catalyst for institutional adoption
For institutional players, the long-term significance of the new indexes lies in the derivatives they enable. Once a benchmark has a performance history, exchange-listed futures contracts can be built around it, giving traders regulated access to leveraged price exposure without direct custody of the cryptocurrency. This could pave the way for Russian pension funds, sovereign wealth funds and other large institutions to enter the crypto space via compliant channels.