Moscow Exchange Adds SOL, XRP and TRX Monthly Futures

Moscow Exchange will begin trading one-month futures on Solana (SOL), Ripple’s XRP and Tron (TRX) for qualified investors on May 14. The contracts will trade under the tickers MOEXSOL, MOEXXRP and MOEXTRX and will be cash-settled in Russian rubles.

The contracts are based on new MOEX Foreign Digital Currency Indices that the exchange will publish the day before trading starts. The futures do not involve delivery of the underlying tokens. Each contract matures after one month, with the final trading day set as the last Friday of the contract month.

The settlement price for each contract will be the average value of the corresponding MOEX index measured between 5:00 p.m. and 6:00 p.m. Moscow time on the last trading day. Solana futures will be quoted in U.S. dollars with a price increment of $0.01. XRP and Tron futures will be quoted in U.S. dollars with a price increment of $0.0001; for all three contracts the value of one price increment is set at $0.01.

Access to the new contracts will be limited to qualified investors at launch. The exchange described the products as additional portfolio tools for professional market participants and for private and institutional qualified investors. Moscow Exchange reported that more than 62,000 clients have traded crypto-derivative contracts since it started offering them after receiving approval from the Bank of Russia last spring.

MOEX already lists monthly index futures tied to its Bitcoin and Ethereum indices and trades futures that track U.S. spot crypto ETFs. The operator has also indicated it may introduce perpetual futures on Bitcoin and Ethereum in the future.

Maria Patrikeeva, head of derivatives market at MOEX, called the listings a logical extension of the exchange’s product set and noted they provide local access to major cryptocurrencies without requiring use of foreign trading venues. ‘More than 62,000 derivatives market clients have already participated in crypto asset contracts on Moscow Exchange, and we are pleased to offer them additional opportunities,’ she added.

Regulatory work is ongoing in Russia. The Bank of Russia published a concept for digital currency rules in December, and the government is preparing a draft law that must be enacted by July 1, 2026. That draft would expand investor access to crypto assets beyond qualified investors, subject to limits and controls.

Because settlement will be in Russian rubles, gains and losses on the contracts will be converted into local currency rather than settled by transfer of the tokens themselves.