Moscow Exchange Plans Digital Custody Platform for Crypto Services

Key Point

Moscow Exchange is preparing to launch a digital custody platform for cryptocurrency trading. Sources say the project remains in development and is expected to go live as early as late 2026 to early 2027. The platform will reportedly operate as a new independent structure rather than through Moscow Exchange or the National Settlement Depository. Several major Russian banks, including Sberbank, VTB Bank, T-Bank, and Alfa-Bank, have expressed plans to launch digital custody services.

Market Sentiment

Cautiously Bullish, Regulatory-driven.

Reason: Moscow Exchange is preparing a digital custody platform, which could improve regulated crypto market infrastructure if the project launches.

Similar Past Cases

This type of custody infrastructure plan typically supports market access only after legal rules, technical standards, and institutional onboarding become clear. The difference is that this project remains in development, so timing and implementation risk remain central.

Ripple Effect

A regulated custody structure could strengthen broker and bank participation if the platform creates reliable storage and registration mechanisms.

Opportunities & Risks

Opportunities: Investors can monitor whether Moscow Exchange confirms technical details or a launch window, because clearer custody rules could support institutional crypto services in Russia.

Risks: Investors can watch whether the regulatory framework leaves custody and registration gaps, because unclear rules could delay broker and bank adoption.