Moscow Exchange Launches XRP Perpetual Futures Settled in Rubles
The Moscow Exchange has introduced perpetual futures contracts for XRP (CRYPTO:XRP), allowing qualified Russian investors to speculate on the cryptocurrency's price without owning it. These contracts settle in rubles and are based on U.S. dollar prices, enabling dual-layer speculation involving both XRP pricing and currency exchange rates. The move follows a year of growing interest in crypto futures among over 72,000 qualified investors who generated $7 billion in turnover since summer 2025. XRP's margin requirement is set at 43%, nearly double that of Bitcoin on the same platform, reflecting its higher volatility. The perpetual contracts do not involve actual XRP holdings and instead facilitate ruble-based trading between Russian participants. This product expansion aligns with Moscow Exchange’s broader strategy to integrate crypto into existing financial instruments like currencies and precious metals. The timing coincides with a recent 22% rise in XRP's price over the past week, as well as Bitcoin gaining 14%. The launch aims to simplify trading by eliminating monthly contract rollovers while maintaining regulatory oversight through investor qualification criteria.
Topics: cryptocurrency futures trading Moscow Exchange Russia XRP