Russia's Moscow Stock Exchange to Launch Bitcoin, ETH, XRP, SOL, TRX Perpetual Futures

Russia’s largest Moscow stock exchange (MOEX) plans to launch Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and TRON (TRX) perpetual futures next week. This comes following Russia President Vladimir Putin signed crypto law to allowed regulated crypto trading.

Russia’s Moscow Stock Exchange (MOEX) Joins Crypto Perpetual Futures Push

Moscow Stock Exchange (MOEX), Russia’s largest stock exchange, will launch perpetual futures linked to its Bitcoin, ETH, SOL, XRP and TRX indices on September 22. This marks a groundbreaking development amid a rise in crypto demand in the country.

While it is not a green light for spot crypto trading, the contracts are quoted in US dollars, settled in Russian rubles, and limited to qualified investors. It added that the delivery is not in the underlying crypto assets.

“The launch of perpetual digital currency futures is an important milestone in the development of the Russian derivatives market. We see strong investor demand for digital asset derivatives. Providing access to such instruments within the Russian legal framework is crucial,” a statement reads.

Moscow Stock Exchange already offers monthly and other cash-settled crypto derivatives since last year. The crypto products recorded more than 72,000 traders and total transaction volume exceeded 600 billion rubles.