MOEX Adds XRP to Crypto Futures Lineup

Russia's largest securities exchange, Moscow Exchange (MOEX), is expanding its cryptocurrency derivatives market. Starting September 22, XRP will join Bitcoin, Ethereum, Solana, and TRON in a new lineup of perpetual futures.

The contracts will be quoted in U.S. dollars but settled in Russian rubles. They will also be cash-settled, meaning investors receive or pay the financial difference resulting from price movements rather than taking delivery of the assets.

The expansion comes as Russia builds a domestic framework for cryptocurrency activity. MOEX's new products provide regulated access to crypto-related financial products while keeping access controlled.