Moscow Exchange to Launch Crypto Indexes for Solana, XRP, Tron and BNB

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Suehyeon Lee

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Photo: Wu Blockchain
Photo: Wu Blockchain

Russia's largest stock exchange is launching new indexes tied to major cryptocurrencies.

Wu Blockchain reported on May 5 that Moscow Exchange will begin publishing cryptocurrency indexes based on Solana, XRP, Tron and BNB on May 13.

The indexes will be calculated using price data from Binance with a 50% weighting, Bybit at 20%, OKX at 15% and Bitget at 15%.

Its existing Bitcoin and Ether indexes, MOEXBTC and MOEXETH, will also be updated every 15 seconds during trading hours.

Moscow Exchange plans to expand the number of cryptocurrency indexes to as many as 10. Related financial products will be available only to qualified investors.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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