0 0
BULLISH 📈 : Moscow Exchange to Launch XRP, Solana, Tron Futures
The Moscow Exchange (MOEX) is expanding its digital asset offerings by introducing new indices and futures tied to XRP, Solana, and Tron. This will enable traders to track price movements without directly owning the coins.
Key Developments
- MOEX plans to mirror actively traded tokens with new indices and offer cash-settled futures contracts.
- Current benchmarks include Bitcoin and Ethereum.
- Perpetual futures and options for Bitcoin and Ethereum are under consideration, allowing long-term holding through funding rates.
Regulatory and Market Impact
- Contracts will comply with the Bank of Russia's regulations and settle monthly.
- Market access broadens gradually but remains limited to qualified investors initially.
- New instruments aim to increase liquidity and risk management options.
The expansion presents opportunities for investors by enabling cash settlement, reducing operational complexities, and potentially enhancing price discovery for XRP, Solana, and Tron within Russia. Institutional interest may grow as a result.