Moscow Exchange will add XRP, BNB, Solana, and TRON to its crypto index next week. The move expands the benchmark beyond its original Bitcoin and Ethereum components, bringing in four major altcoins. MOEX is Russia's largest exchange, so the addition gives the country's investors a broader official crypto gauge.
Four new tokens, one index
Starting next week, the index will include XRP, BNB, Solana, and TRON. Each token represents a different corner of the crypto market. XRP is tied to cross-border payments. BNB is the native asset of the Binance ecosystem. Solana is a fast layer-1 blockchain that's drawn significant developer activity. TRON focuses on content distribution and stablecoin transfers.
MOEX hasn't said how the tokens will be weighted or how often the index rebalances. Before this expansion, the index tracked just two assets. Adding four more nearly triples its coverage. The exchange also hasn't confirmed whether Bitcoin and Ethereum remain in the index — though dropping them would be surprising.
Why MOEX's index matters
Moscow Exchange isn't just any trading venue. It's the dominant platform for Russian equities, bonds, and derivatives. Its crypto index is one of the few official benchmarks in a country where digital assets have had a complicated legal status. The central bank has pushed back against crypto circulation, but the government has moved to legalize mining and set rules for trading. MOEX's decision to add these tokens suggests the exchange sees demand for a diversified index product.
The timing also aligns with global trends. Institutional investors increasingly look for broad-based crypto indexes to track the market. By adding Solana and BNB — two of the largest altcoins by market cap — MOEX gives its users exposure to assets that often move differently from Bitcoin.
A bigger basket for Russian investors
For Russian investors, the expanded index means they can now get a single snapshot that includes altcoin performance without leaving the MOEX ecosystem. Fund managers and analysts can use the benchmark to compare portfolios or create passive strategies. The index will likely be calculated using ruble-denominated prices, though MOEX hasn't detailed the methodology.
This isn't the first time MOEX has moved into crypto. The exchange launched its initial index in early 2025, but that covered only Bitcoin and Ethereum. Adding four tokens in one go is a significant step. It also comes as global crypto indexes like the CoinDesk 20 track dozens of assets — but for a national exchange, this expansion is notable.
MOEX hasn't announced any plans to launch investment products tied to the index, such as ETFs or notes. That could change if the index gains traction. For now, the expanded roster goes live next week. The exchange will need to ensure reliable price feeds for each token, likely pulling data from multiple trading platforms. Any liquidity issues could affect the index's accuracy.
The addition of these four tokens is a clear step toward a more comprehensive crypto benchmark. Whether more coins follow will depend on how next week's launch goes.
