Russia's Moscow Exchange Expands Crypto Index Suite with New SOL, XRP, TRX, and BNB Benchmarks

Russia's Moscow Exchange (Moex) is making a significant move in the cryptocurrency market by launching four new indexes for SOL, XRP, TRX, and BNB on May 13. This marks the first time Moex has expanded its regulated crypto benchmark suite beyond Bitcoin and Ether.

The indexes will be calculated as weighted averages of prices from four global venues: Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%). This approach is designed to reduce the risk of price manipulation on any single venue and produce a benchmark that reflects broad global market consensus.

The launch of these new indexes is significant because it provides regulated exposure pathways for Russian institutional investors. Building exchange-listed crypto indexes gives them a more accessible way to hold cryptocurrencies under Russian financial law. The selection of assets is also notable, with XRP being associated with Ripple and BNB being the native token of Binance.