The update says Moscow Exchange, Russia’s largest exchange, is preparing to introduce an XRP index, expanding its crypto-related market benchmarks.
Moscow Exchange, Russia’s largest exchange, is less than 24 hours away from launching the MOEX XRP Index, according to the provided update. An index tied to XRP can serve as a reference benchmark for pricing and market tracking, giving traders and institutions a standardized measure linked to the digital asset. The source does not provide further details on methodology, constituent pricing, or product use.