Moscow Exchange Expands Crypto Index Offerings

Moscow Exchange, a leading Russian financial institution, has announced plans to expand its cryptocurrency index offerings. The exchange will introduce four new indices: MOEXSOL for Solana, MOEXXRP for XRP, MOEXTRX for Tron, and MOEXBNB for Binance Coin.

The new indices will track the prices of these cryptocurrencies on major offshore trading venues, with Binance accounting for 50% of the input data. This move is part of Moscow Exchange's effort to create regulated crypto-linked market instruments without allowing physical delivery of digital assets.