Moscow Exchange to Launch New Settlement Futures for SOL, XRP, and TRX on May 14

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
On May 9, the Moscow Exchange announced it will launch new settlement futures for SOL, XRP, and TRX digital asset indices on May 14. The futures will be available exclusively to qualified investors and will be settled in Russian rubles without physical delivery. On-chain news indicates that the Moscow Exchange will also begin calculating and publishing indices for SOL, XRP, TRX, and BNB on May 13. This move follows a recent exchange hack that underscored the need for more secure and regulated trading options.

BlockBeats report: On May 9, the Moscow Exchange announced it will launch futures trading on new indices for the digital assets SOL, XRP, and TRX on May 14. Trading will be limited to qualified investors, settled in Russian rubles, and will not involve physical delivery of digital assets.


Additionally, the Moscow Exchange will begin calculating and publishing indices for four cryptocurrencies—SOL, XRP, TRX, and BNB—on May 13.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.