Russia's Moscow Exchange Launches Regulated XRP Index

The Moscow Exchange (MOEX), Russia's largest securities exchange, has further expanded its cryptocurrency offerings by launching an XRP index. This move is expected to provide Russian institutional investors with regulated exposure to XRP price movements for the first time through a major national exchange.

The new index, which aggregates pricing from Binance, Bybit, OKX, and Bitget, will allow qualified investors to trade XRP futures contracts without physically delivering digital currency. The exchange settles all transactions in Russian rubles, while quoting index values in U.S. dollars.

The launch of the MOEXXRP index marks a significant expansion of MOEX's crypto footprint, following the introduction of Bitcoin and Ethereum index products earlier. With over 62,000 derivatives market clients already trading crypto asset contracts on Moscow Exchange, the new XRP product is set to have a ready institutional audience from day one.

The timing of the launch coincides with meaningful XRP price momentum, driven primarily by altcoin sector rotation. The CMC Altcoin Season Index has climbed 30.77% over the past week, and Bitcoin dominance sits at 60.07%.